The General Authority for Competition concluded its participation in the twenty-third session of the Intergovernmental Group of Experts on Competition Law and Policy, under the United Nations Conference on Trade and Development (UNCTAD), held in Geneva, with the participation of heads of competition authorities and international experts from various countries around the world.

The CEO of the Authority, Dr. Fahd bin Ibrahim Al-Shethri, delivered the Kingdom's speech at the opening session, reviewing the Authority's regulatory achievements and their impact on market efficiency, within an advanced legislative framework that the Authority continuously seeks to align with the highest international standards in competition policies.

Dr. Al-Shethri also spoke at a session on 'Prioritizing Cases to Measure the Impact of Enforcing Competition Laws and Policies,' presenting the Kingdom's experience in measuring the impact of competition policy enforcement and the importance of developing methodologies that support case prioritization and enhance market efficiency. He also intervened in a session on recent developments in digital markets, addressing the key regulatory challenges posed by digital platforms and the importance of international cooperation to keep pace with these transformations. Additionally, the Authority participated in a session on 'Capacity Building and Technical Assistance on Competition Laws and Policies,' which focused on the importance of strengthening international cooperation and supporting the capacities of competition authorities.

On the sidelines of the meetings, the CEO of the Authority met with the Permanent Representative of the Kingdom of Saudi Arabia to the United Nations Office and International Organizations in Geneva, Ambassador Abdulmohsen bin Khathila, to discuss ways to enhance the Authority's role within the UNCTAD framework, exchange experiences, and present the Kingdom's experience in promoting competition in markets.

Dr. Al-Shethri also met with several heads of global competition authorities, including Hassan bin Sultan Al-Ghanim, Assistant Undersecretary for Consumer Affairs at the Qatari Ministry of Commerce and Industry; Ahmed Dakhinisa, President of the Algerian Competition Council; and Dr. Irakli Lekvinadze, Head of the Georgian Competition and Consumer Protection Agency, to review ways to enhance joint cooperation, exchange expertise and best practices in enforcing competition regulations, thereby contributing to international cooperation.

This participation is part of the Authority's efforts to enhance the Kingdom's presence in international forums and exchange expertise with counterpart bodies, contributing to the development of competition policies and supporting the goals of Saudi Vision 2030.