Office of the Ministry of Commerce and Labour: Difference between revisions

From The Kodiak Republic Wiki

Content added Content deleted
(Add Anti-Monopoly Commission)
 
No edit summary
 
(One intermediate revision by the same user not shown)
Line 1: Line 1:
===Section 1 - Anti-Monopoly Commission===
===Section 1 - Anti-Monopoly Commission===
:1.1 - An Anti-Monopoly Commission is created under the Ministry of Labour and Commerce.<ref>[[The_Business_Competition_Act_(Inter)]]</ref>
:1.1 - An Anti-Monopoly Commission is created under the Ministry of Labour and Commerce <ref>[[The_Business_Competition_Act_(Inter)]]</ref>.
:1.2 - The Anti-Monopoly Commission is formed by the Minister of Labour and Commerce at the minister's discretion.
:1.2 - The Anti-Monopoly Commission is formed by the Minister of Labour and Commerce at the minister's discretion <ref>[[The_Business_Competition_Act_(Inter)]]</ref>.
:1.3 - The Anti-Monopoly Commission is authorized to fine enterprises for using non-market methods of competition.
:1.3 - The Anti-Monopoly Commission is authorized to fine enterprises for using non-market methods of competition <ref>[[The_Business_Competition_Act_(Inter)]]</ref>.

:1.4 - Non-market methods of competition are equated with:
=== Sources ===
::1.4.1 - A statement about the non-existent properties of a product or service.
::1.4.2 - Not informing consumers about the properties of the product or service
::1.4.3 - Establishment and/or maintenance of monopolistically high or monopolistically low prices of goods and or services.
::1.4.4 - Withdrawal of goods or services from circulation, if the result of such withdrawal was an increase in the price of the goods.
::1.4.5 - 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.
::1.4.6 - Economically unjustified refusal to conclude a contract with buyers if there is a possibility of production or supply of the corresponding goods or services.
::1.4.7 - Creation of obstacles to access to the commodity market or exit from the commodity market to other economic entities.
:1.5 - The amount of the fine is set at 5% of the market capitalization of the enterprise and is doubled for each fine of the enterprise.

Latest revision as of 13:35, 3 July 2024

Section 1 - Anti-Monopoly Commission

1.1 - An Anti-Monopoly Commission is created under the Ministry of Labour and Commerce [1].
1.2 - The Anti-Monopoly Commission is formed by the Minister of Labour and Commerce at the minister's discretion [2].
1.3 - The Anti-Monopoly Commission is authorized to fine enterprises for using non-market methods of competition [3].

Sources

Cookies help us deliver our services. By using our services, you agree to our use of cookies.