Considering the rapid economic development in the State of Kuwait, compliance with fair competition regulations has become a fundamental necessity for business success, especially with the entry into force of Law No. 72 of 2020 on the Protection of Competition and the active role of the Competition Protection Authority in supervision and investigation.

 

At Taqneen Law Firm, we provide in-depth legal services in this area, including:

• Reviewing contracts and commercial policies to detect any practices that may involve monopolistic or restrictive behavior, such as price fixing, market division, or exclusive agreements.
• Providing proactive legal advice to companies in mergers or acquisitions to ensure no infringement of competitors’ rights or violations of market dominance thresholds.
• Representing clients under investigation by the Competition Protection Authority, including preparing formal responses, negotiating with the regulatory body, and presenting a specialized legal defense before the competent courts.
• Providing legal opinion on exemption requests from some provisions of the law in cases where the agreements serve the public benefit, as permitted by the law.
• Drafting fair competition clauses in supply, distribution, and commercial agency contracts, ensuring balance between the company’s rights and the principle of open markets.

 

Given the recent implementation of the law in Kuwait, we continuously monitor all regulatory updates issued by the Authority and regularly advise our clients on changes to applicable standards.