The Competition Council is a separate legal personality, which enjoys administrative and financial independence, seeks to promote fair competition, and prevents monopolistic practices that affect the legitimate competition in order to achieve the economic policy pursued by the Kingdom in the economic field and promote the climate of competition in business sector. It is noteworthy that the Competition Council includes the Minister of Commerce and Industry, President; and the membership of representatives of the Ministry of Finance, Ministry of Economy and Planning, Ministry of Commerce and Industry and Saudi Arabian General Investment Authority, in addition to four members with expertise in this field. --SPA 13:19 LOCAL TIME 10:19 GMT www.spa.gov.sa/w