The Law regulates specific competition in the form of restrictive agreements, the abuse of dominant position and economic concentration. With significant new penalties now being imposed for the contravention of the Law, it must be a priority for businesses operating in the UAE to consider the compliance of their local, and wider, operations with this new legislative framework.

This Law aims to protect and promote competition and anti-monopoly practices through the following:

1. Providing a stimulating environment for Organizations to enhance efficiency, competitiveness and consumer interest and achieve sustainable development in the UAE.

2. Maintaining a competitive market governed by market mechanisms, in accordance with the principle of economic freedom, by prohibiting restrictive Agreements, prohibiting the acts and behaviors that lead to the abuse of a Dominant Position, controlling Economic Concentration operations, and avoiding anything that would endanger, limit or prevent Competition.