Qatar’s Cabinet has approved a draft law aimed at modernizing the country’s competition regulatory framework and has forwarded the legislation to the Shura Council for further consideration. The proposed law, prepared by the Ministry of Commerce and Industry, seeks to replace the existing Law No. 19 of 2006, which currently governs competition protection and the prevention of monopolistic practices in Qatar.

The new draft legislation is designed to promote free and fair competition, combat monopolistic behavior, and prevent practices that could harm or restrict market competition. A key feature of the proposal is its focus on economic concentration, with mechanisms intended to oversee mergers and acquisitions to enhance market efficiency. These measures are aligned with Qatar’s broader economic objectives under the Third National Development Strategy 2024–2030, which aims to strengthen the country’s business and investment environment in accordance with international best practices.

Under the draft law, a Competition Regulation Committee would be established, tasked with overseeing enforcement and adjudication responsibilities within the competition framework. The committee’s scope would include reviewing prohibited agreements and practices, addressing abuse of dominant market positions, and processing applications for exemptions. It would also be responsible for managing notifications and assessments of economic concentration transactions within specified deadlines.

The draft further outlines procedures for handling complaints, conducting investigations, and imposing enforcement actions and financial penalties on violators. It also provides for an appeals process allowing parties to challenge decisions of the Competition Regulation Committee before the Investment and Trade Court. Additionally, the legislation contemplates provisions for settlements and possible exemptions from penalties under certain circumstances.

By updating its competition law, Qatar aims to create a more transparent and competitive market environment that fosters business growth and attracts investment, in line with the country’s ongoing economic diversification efforts. The Shura Council’s review will determine the next steps in the legislative process.