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

     The EEA agreement implements the EU competition rules applicable to undertakings in their entirety, subject to necessary adaptations. The primary effect of the EEA Agreement is that its rules on competition and free movement of goods apply to the EEA Member States, i.e. Liechtenstein, Norway and Iceland. In order for the EEA competition rules to apply, there must be either an effect on trade  …

Scope

Unlike the other EFTA countries, Liechtenstein has no national competition legislation and thus the Act of 23 May 1996 merely provides for the “implementation of the competition rules in the European Economic Area” (Article 1(1)).

The area of unfair practices is covered by the Liechtenstein Act on Unfair Competition of 1992 which established the principle in Article 2 that: “any commercial behavior or practice which is misleading or which violates in any other manner the rules of good faith and which impacts on the relations between competitors or between suppliers and customers is prohibited”. Also prohibited are: unfair advertising and sales methods and other unlawful behavior such as disparagement (Article 3), incitements to breach or terminate a contract (Article 4), the exploitation of the work of others (Article 5), violation of production or business secrets (Article 6), failure to comply with working conditions (Article 8) and use of abusive commercial terms (Article 9).

Context

     The EEA agreement implements the EU competition rules applicable to undertakings in their entirety, subject to necessary adaptations. The primary effect of the EEA Agreement is that its rules on competition and free movement of goods apply to the EEA Member States, i.e. Liechtenstein, Norway and Iceland. In order for the EEA competition rules to apply, there must be either an effect on trade between the EU and one or more EFTA States or an effect on trade between EFTA States alone.

Ordinance No 2021-649 of 26 May 2021 on the transposition of Directive (EU) 2019/1 of the European Parliament and of the Council of 11 December 2018 to empower the competition authorities of the Member States to be more effective enforcers and to ensure the proper functioning of the internal market, called the ECN+ Directive, was adopted in the Council of Ministers on 26 May 2021.

Global Competition Law

1068. Scope

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Les notions juridiques connexes

1068. Scope

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Les notions juridiques connexes

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