{"id":22433,"date":"2025-12-30T01:31:43","date_gmt":"2025-12-30T01:31:43","guid":{"rendered":"https:\/\/un-news.org\/competition-between-nahdi-and-al-dawaa-confirms-price-fixing-agreements-and-records-fines-exceeding-5-million-riyals-urgent\/"},"modified":"2025-12-30T01:31:43","modified_gmt":"2025-12-30T01:31:43","slug":"competition-between-nahdi-and-al-dawaa-confirms-price-fixing-agreements-and-records-fines-exceeding-5-million-riyals-urgent","status":"publish","type":"post","link":"https:\/\/un-news.org\/en\/competition-between-nahdi-and-al-dawaa-confirms-price-fixing-agreements-and-records-fines-exceeding-5-million-riyals-urgent\/","title":{"rendered":"Competition between Nahdi and Al-Dawaa confirms price-fixing agreements and records fines exceeding 5 million riyals #Urgent"},"content":{"rendered":"<div id=\"model-response-message-contentr_319158e64b9476f6\" class=\"markdown markdown-main-panel enable-updated-hr-color\" dir=\"ltr\" aria-live=\"polite\" aria-busy=\"false\">\n<p data-path-to-node=\"0\">The General Authority for Competition has revealed a violation by Nahdi Medical Company and Al-Dawaa Medical Services Company after it was proven that they conspired on prices, in a case that confirms the reality of competition in the monopolized pharmacy market.<\/p>\n<p data-path-to-node=\"1\">The two companies together hold about 52% of the market share, highlighting the importance of the Authority&#8217;s intervention in protecting competition and preventing the exploitation of market power.<\/p>\n<p data-path-to-node=\"2\">The Authority imposed a fine of up to 3.8 million riyals on Nahdi Medical Company, while a fine of 1.8 million riyals was imposed on Al-Dawaa Medical Services Company, for violating the provisions of the Competition Law related to price-fixing, a practice considered one of the most serious legally prohibited acts.<\/p>\n<p data-path-to-node=\"3\">The two companies control the largest pharmacy networks in the Kingdom, with Nahdi owning 1,218 pharmacies, while the number of Al-Dawaa pharmacies is approximately 1,000. Competition in the pharmacy market is supposed to be based on providing better prices and wider choices for consumers.<\/p>\n<p data-path-to-node=\"4\">According to financial data, the combined revenues of the two companies reached approximately 12.6 billion riyals by the end of the last quarter.<\/p>\n<p>United News Network \u2013 UNN Arabic<\/p>\n<p>An independent media platform providing reliable news and objective analysis, seeking to promote peace and cultural dialogue worldwide, to convey the truth and build bridges of understanding between peoples.<\/p>\n<p>For more news, you can visit our main page:<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"WZX9W7PczP\"><p><a href=\"https:\/\/un-news.org\/en\/\">Home<\/a><\/p><\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"&#8220;Home&#8221; &#8212; \u0634\u0628\u0643\u0629 \u0627\u0644\u0623\u062e\u0628\u0627\u0631 \u0627\u0644\u0645\u062a\u062d\u062f\u0629 \u2013 UNN \u0627\u0644\u0639\u0631\u0628\u064a\u0629\" src=\"https:\/\/un-news.org\/en\/embed\/#?secret=qUZRHwZHRh#?secret=WZX9W7PczP\" data-secret=\"WZX9W7PczP\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The General Authority for Competition has revealed a violation by Nahdi Medical Company and Al-Dawaa Medical Services Company after it was proven that they conspired on prices, in a case that confirms the reality of competition in the monopolized pharmacy market. The two companies together hold about 52% of the market share, highlighting the importance [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":22432,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[51],"tags":[],"class_list":{"0":"post-22433","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-saudi-news"},"_links":{"self":[{"href":"https:\/\/un-news.org\/en\/wp-json\/wp\/v2\/posts\/22433","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/un-news.org\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/un-news.org\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/un-news.org\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/un-news.org\/en\/wp-json\/wp\/v2\/comments?post=22433"}],"version-history":[{"count":0,"href":"https:\/\/un-news.org\/en\/wp-json\/wp\/v2\/posts\/22433\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/un-news.org\/en\/wp-json\/wp\/v2\/media\/22432"}],"wp:attachment":[{"href":"https:\/\/un-news.org\/en\/wp-json\/wp\/v2\/media?parent=22433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/un-news.org\/en\/wp-json\/wp\/v2\/categories?post=22433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/un-news.org\/en\/wp-json\/wp\/v2\/tags?post=22433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}