The Business Competition Act (Inter)

From The Kodiak Republic Wiki

Revision as of 02:20, 8 December 2022 by FDold>Rakkeyal (add artcle 2 amendment)

An act to regulate the market strength of large corporations.
Enacted during the Great Interregnum.
Amended by the Labor Reform Resolution, 645.

Article 1 - Competition Law

1.1 - Monopolies may not be established within the Kodiak Republic
1.2 - An arbitration court shall be established to mediate between business interests.
1.3 - The Business Arbitration Court shall be quarterly funded with ₣7,950,000.

Article 2 - Entrepreneurial Aide Agency

2.1 - Creates the Better Business Council [BBC]
2.1.1 - Authorizes Government loans for business under an income threshold of 700,000 florins annual income.
2.1.2 - Authorizes Government loans for start up businesses with less than 70,000 florins of starting capital.
2.1.3 - Enacts Small Business Grants
2.2 - Funds ₣43,000,000 quarterly to the Ministry of Commerce for the administration of the BBC
2.3 - Funds ₣782,000,000 quarterly to the Better Business Council for government grants.
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