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

Engaging in a merger that is prohibited under Section 47 is punishable by a fine up to NZ$ 500,000 (US$ 318,200) for an individual and NZ$ 10 million (US$ 6.36 million) for a corporate entity (Section 83). Proceedings may be commenced within 3 years after the matter giving rise to the contravention arose.    …

Fines

    Under Section 69A of the Act, the Commission may accept undertakings from applicants in respect of the clearance or authorization of a business acquisition. Only structural divestment undertakings may be offered. They must be sufficient to remedy the competition concerns raised by the proposed acquisition while also allowing the merger to proceed with its potential benefits and efficiencies. Non observance of an undertaking leads the clearance or authorization to be declared void and of no effect (Section 69AB). The Commission may seek divestiture before the courts.

Conditions and commitments - Divestiture

Engaging in a merger that is prohibited under Section 47 is punishable by a fine up to NZ$ 500,000 (US$ 318,200) for an individual and NZ$ 10 million (US$ 6.36 million) for a corporate entity (Section 83). Proceedings may be commenced within 3 years after the matter giving rise to the contravention arose.   

Global Competition Law

1164. Fines

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Les notions juridiques connexes

1164. Fines

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Les notions juridiques connexes

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