MoE’s Laws and Regulations

This law aims to safeguard and promote competition and combat anti-monopoly practices by providing a stimulating environment for enterprises to enhance efficiency, competitiveness and consumer interest; achieve sustainable development in the UAE; and maintain a competitive market governed by market mechanisms in accordance with the principle of economic freedom. The provisions of this law apply to all establishments – in relation to their economic activities in the UAE – as well as to the utilisation of intellectual property rights within the UAE and otherwise and to the economic activities practiced outside the UAE, which impact competition inside its borders. The law details anti-competition practices – such as restrictive agreements between enterprises, which seek to compromise, limit or prevent competition – and identifies the mandates of the Competition Regulation Committee, in addition to the mandates and functions of the Ministry of Economy in the field of competition.