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

Pursuant to Section 2 of the 1996 Act, the Office of Economic Affairs (formerly Office of National Economy) is the Liechtenstein Authority in charge of the implementation of the competition rules. The Office of Economic Affairs is responsible for, inter alia:
- giving administrative assistance in cases specified under Section 55(1) of the EEA Agreement;
- adopting necessary remedial measures pursu …

The Office of Economic Affairs

Pursuant to Section 2 of the 1996 Act, the Office of Economic Affairs (formerly Office of National Economy) is the Liechtenstein Authority in charge of the implementation of the competition rules. The Office of Economic Affairs is responsible for, inter alia:

- giving administrative assistance in cases specified under Section 55(1) of the EEA Agreement;

- adopting necessary remedial measures pursuant to Section 55(2) EEA and cooperating with the EFTA Surveillance Authority (ESA) and the EU Commission.

According to Section 2 of the 1996 Act, the Office of National Economy is competent unless the jurisdiction of the courts is otherwise provided for.

      A dual jurisdictional system has been created to implement EEA competition law. Where anticompetitive conduct between undertakings affects trade between the EU and one or more EFTA States, it will be dealt with either by the EU Commission or by the EFTA Surveillance Authority pursuant to the attribution rules contained in Sections 56 and 57 EEA. As a general rule, the EU Commission is responsible for matters predominantly coming within Union control and the EFTA Surveillance Authority (ESA) is responsible for the EFTA States. In this context, the EU Commission implements the EEA competition rules on the basis of its existing powers for the application of the EU competition rules, supplemented by the provisions contained in the EEA Agreement.

  There is no overlap between the jurisdiction of the EU Commission and that of the ESA. The one-stop-shop principle applies, which in essence means that although the Agreement provides for two separate enforcement authorities, only one of these authorities will ever be competent to decide on a case.

The EU Commission

The ESA is an independent body established under an agreement between the EFTA States. The ESA is entrusted with equivalent powers and similar functions to those of the EU Commission as regards the application of the EU competition rules.

The ESA is governed by a College whose members are appointed for a period of four years by the three participating EFTA States.

Persons may be chosen to serve as an ad hoc member of the College in the event that one of the regular members of College is disqualified from acting in a particular case. 

Global Competition Law

1074. The Office of Economic Affairs

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

Les notions juridiques connexes

1074. The Office of Economic Affairs

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