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

Article 4 of the Act allows the Government to, in specific economic sectors and under exceptional circumstances, such as crises, major imbalances of supply and demand, or obvious market malfunctions, adopt temporary measures to prevent or block excessive price increases. These measures may be adopted for six months, and extended for no more than three months at a time. Also, where competition is a …

The Government - Copy

The Competition Council was instituted by the 1996 Act and started its activity on 6 September 1997 by drafting secondary legislation necessary to enforce such Act. 

The autonomous administrative authority is headquartered in Bucharest and counts with a 7-member college called “Plenum” with a President, two Vice-Presidents, and four competition counselors. Members are appointed for a once renewable five-year term by the President of Romania, upon Government's referral. 

The Competition Council is empowered to decide on cases of competition law infringements, issue decisions on individual exemptions and economic concentrations, carry out the effective enforcement of its decision. It can also adopt regulations and guidelines to apply the provisions of the Act.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            

Deliberations take place either in plenary sessions and in commissions. Each commission is made up to two Council members designated by the President of the Council and is headed by a vice-president. Plenary sessions are called when the Council examines investigation reports and decides on measures to be taken.

The Competition Council (Consiliul Concurentei)

The Competition Council's Advisory Board was instituted by Law No 149/2011 to operate as a non-permanent body entrusted with the task of issuing non-binding opinions on the main aspects of competition policy (Section 23 of the Competition Act). It is composed of 11 to 17 representatives from the competition academic sphere, business and consumer associations or other people enjoying high reputation in the economic, legal or competition area. It can also include former presidents of the Competition Council. The appointment of the Advisory Board's members, their role, its functioning and organization shall be provided in the Rules of Procedure approved by Government decision.

The Competition Council's Advisory Board (Colegiul Consultativ)

Article 4 of the Act allows the Government to, in specific economic sectors and under exceptional circumstances, such as crises, major imbalances of supply and demand, or obvious market malfunctions, adopt temporary measures to prevent or block excessive price increases. These measures may be adopted for six months, and extended for no more than three months at a time. Also, where competition is affected or substantially restricted by law or by the existence of monopolies, the Government may institute price control for up to three years, which may be extended for periods not exceeding one year.

Pursuant to Ordinance No. 108/2023 of November 2023, the government is entitled to instruct the Competition Council to investigate any particular market for competition infringements. It should be noted that the government is not required to include grounds for its suspicions concerning the potential distortions of competition that the RCC is instructed to investigate.

Global Competition Law

609. The Government - Copy

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Les notions juridiques connexes

609. The Government - Copy

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Les notions juridiques connexes

Demandez un accès gratuit
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