Global Competition Law is primarly a practitioner's guide presenting the most salient aspects of the major competition laws country by country, giving an overview of their structure and most charasteristic elements.
Global Competition Law also provides insight into possible future developments in the field.

Global Competition Law

According to Section 4, no concessions, authorizations or acts that imply the grant of monopolies for the exercise of economic activities are allowed, except where the law so permits.
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Exemptions

Collusion is an anticompetitive practice under Section 3. According to Section 3(a), “express or implied agreements” or “concerted practices” intended to fix prices of sale or purchase, limit production, allocate areas or market shares, or affect the results of tender processes, constitute violations of the Act. The August 2016 amendments specified that agreements and practices between competitors which confer market power on them and consist in determining marketing conditions or excluding actual or potential  competitors are also prohibited. Before 2016, all of the aformentioned practices had to confer market power on competitors to be covered by the prohibition.

Moreover vertical agreements are also covered by the general principle of Section 3, that any act or contract that prevents, restrains or hinders free competition or tends to produce such effects may be subject to sanctions.

The prohibition

According to Section 4, no concessions, authorizations or acts that imply the grant of monopolies for the exercise of economic activities are allowed, except where the law so permits.

Global Competition Law

890. Exemptions

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Les notions juridiques connexes

890. Exemptions

Demandez un accès gratuit au contenu exclusif Livv – juristes d’entreprise

Les notions juridiques connexes

Demandez un accès gratuit
au contenu exclusif Livv – juristes d’entreprise