Competition Law: Difference between revisions
From The Kodiak Republic Wiki
Content added Content deleted
(Add anti-monopoly laws to the competition law section) |
No edit summary |
||
| Line 4: | Line 4: | ||
===Section 2 - Anti-Monopoly=== |
===Section 2 - Anti-Monopoly=== |
||
:2.1 - Non-market methods of competition are equated with: |
:2.1 - Non-market methods of competition are equated with:<ref>[[The_Business_Competition_Act_(Inter)]]</ref> |
||
::2.1.1 - A statement about the non-existent properties of a product or service. |
::2.1.1 - A statement about the non-existent properties of a product or service. |
||
::2.1.2 - Not informing consumers about the properties of the product or service |
::2.1.2 - Not informing consumers about the properties of the product or service |
||
| Line 12: | Line 12: | ||
::2.1.6 - Economically unjustified refusal to conclude a contract with buyers if there is a possibility of production or supply of the corresponding goods or services. |
::2.1.6 - Economically unjustified refusal to conclude a contract with buyers if there is a possibility of production or supply of the corresponding goods or services. |
||
::2.1.7 - Creation of obstacles to access to the commodity market or exit from the commodity market to other economic entities. |
::2.1.7 - Creation of obstacles to access to the commodity market or exit from the commodity market to other economic entities. |
||
:2.2 - The Anti-Monopoly Commission may fine breaches of anti-monopoly laws at 5% of the market capitalization of the enterprise and is doubled for each fine of the enterprise. |
:2.2 - The Anti-Monopoly Commission may fine breaches of anti-monopoly laws at 5% of the market capitalization of the enterprise and is doubled for each fine of the enterprise <ref>[[The_Business_Competition_Act_(Inter)]]</ref>. |
||
===Sources=== |
===Sources=== |
||
Latest revision as of 13:38, 3 July 2024
Section 1 - Competition Law
- 1.1 - Monopolies may not be established within the Kodiak Republic [1].
- 1.2 - Business interests shall be mediated in the Business Arbitration Court [2].
Section 2 - Anti-Monopoly
- 2.1 - Non-market methods of competition are equated with:[3]
- 2.1.1 - A statement about the non-existent properties of a product or service.
- 2.1.2 - Not informing consumers about the properties of the product or service
- 2.1.3 - Establishment and/or maintenance of monopolistically high or monopolistically low prices of goods and or services.
- 2.1.4 - Withdrawal of goods or services from circulation, if the result of such withdrawal was an increase in the price of the goods.
- 2.1.5 - Economically unjustified reduction or termination of production of goods, if there is demand for this product or orders for its delivery are placed, if there is a possibility of its cost-effective production.
- 2.1.6 - Economically unjustified refusal to conclude a contract with buyers if there is a possibility of production or supply of the corresponding goods or services.
- 2.1.7 - Creation of obstacles to access to the commodity market or exit from the commodity market to other economic entities.
- 2.2 - The Anti-Monopoly Commission may fine breaches of anti-monopoly laws at 5% of the market capitalization of the enterprise and is doubled for each fine of the enterprise [4].
