Office of the Ministry of Commerce and Labour: Difference between revisions
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===Section 1 - Anti-Monopoly Commission=== |
===Section 1 - Anti-Monopoly Commission=== |
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:1.1 - An Anti-Monopoly Commission is created under the Ministry of Labour and Commerce |
:1.1 - An Anti-Monopoly Commission is created under the Ministry of Labour and Commerce <ref>[[The_Business_Competition_Act_(Inter)]]</ref>. |
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: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>. |
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: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>. |
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:1.4 - Non-market methods of competition are equated with: |
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=== Sources === |
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::1.4.1 - A statement about the non-existent properties of a product or service. |
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::1.4.2 - Not informing consumers about the properties of the product or service |
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::1.4.3 - Establishment and/or maintenance of monopolistically high or monopolistically low prices of goods and or services. |
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::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. |
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::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. |
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::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. |
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::1.4.7 - Creation of obstacles to access to the commodity market or exit from the commodity market to other economic entities. |
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: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].