Academy of Strategic Management Journal (Print ISSN: 1544-1458; Online ISSN: 1939-6104)


A Strategy to Combat Monopolistic Competition in the Kingdom of Saudi Arabia in the Face of the Repercussions of Covid-19

Author(s): Zubaida Abdel Hadi Atim

Covid-19 has repercussions on legitimate competition in the markets by exaggerating in raising the prices of essential goods to take advantage of consumer needs, or controlling goods and services available in the market by creating an imaginary shortage to exclude competitors, The legal system for competition and monopoly has an effective role in protecting and encouraging fair competition and combating monopolistic practices that affect legitimate competition. The aim of the article is to learn about the legal system for competition and monopoly prevention and the strategy to combat it to face the repercussions of Covid-19 in the Kingdom of Saudi Arabia, The research article is concerned with the legal rules for combating monopolistic competition because the basic principle is that commercial competition is a legitimate act and a right protected by the law, And if the competition is outside this general framework, it is considered an illegal act and results in legal liability. The results of the study showed that there are legal challenges facing legitimate competition, the most important of which is monopoly for some goods, and the study presented a set of recommendations, the most important of which is the establishment of specialized courts for monopolistic competition cases.

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