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Competition Regulator
A competition regulator is the institution that oversees the functioning of the markets. And the Law in which it takes cognizance of situations having any type of impediments and distortions on the markets and correct them is the competition law (also known as antitrust law). In general it is a government agency, typically a statutory authority, sometimes called an economic regulator, that regulates and enforces competition laws and may sometimes also enforce consumer protection laws. In addition to such agencies, there is often another body responsible for formulating competition policy. Many nations implement competition laws, and there is general agreement on acceptable standards of behaviour. The degree to which countries enforce their competition policy varies substantially. Competition regulators may also regulate certain aspects of mergers and acquisitions and business alliances and regulate or prohibit cartels and monopolies. Other government agencies may have respo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Competition Law
Competition law is the field of law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies. Competition law is implemented through public and private enforcement. It is also known as antitrust law (or just antitrust), anti-monopoly law, and trade practices law. The history of competition law reaches back to the Roman Empire. The business practices of market traders, guilds and governments have always been subject to scrutiny, and sometimes severe sanctions. Since the 20th century, competition law has become global. The two largest and most influential systems of competition regulation are United States antitrust law and European Union competition law. National and regional competition authorities across the world have formed international support and enforcement networks. Modern competition law has historically evolved on a national level to promote and maintain fair competition in markets principally within the territorial boun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Andean Community Of Nations
The Andes, Andes Mountains or Andean Mountains (; ) are the longest continental mountain range in the world, forming a continuous highland along the western edge of South America. The range is long, wide (widest between 18°S – 20°S latitude), and has an average height of about . The Andes extend from north to south through seven South American countries: Venezuela, Colombia, Ecuador, Peru, Bolivia, Chile, and Argentina. Along their length, the Andes are split into several ranges, separated by intermediate depressions. The Andes are the location of several high plateaus—some of which host major cities such as Quito, Bogotá, Cali, Arequipa, Medellín, Bucaramanga, Sucre, Mérida, El Alto and La Paz. The Altiplano plateau is the world's second-highest after the Tibetan plateau. These ranges are in turn grouped into three major divisions based on climate: the Tropical Andes, the Dry Andes, and the Wet Andes. The Andes Mountains are the highest mountain range outsi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Competition Authority (Albania)
The Competition Authority (AK) () is a government agency in Albania acting to ensure a free, effective and competitive market, pursuant to the Law "On Protection of Competition". The agency functions as a promoter and advocate of fair competition and consumer interests in the country, with the ultimate goal of generating the development of a healthy competitive market. Prof. Dr Juliana Latifi was appointed by the government in 2016 to lead the organisation. She took over from Lindita Milo who had served her five year term of office. Latifi was proposed for the role by 28 members of parliament and she will serve for five years. References Government agencies of Albania, Authority Business agencies of Albania {{Albania-gov-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Albania
Albania ( ; sq, Shqipëri or ), or , also or . officially the Republic of Albania ( sq, Republika e Shqipërisë), is a country in Southeastern Europe. It is located on the Adriatic and Ionian Seas within the Mediterranean Sea and shares land borders with Montenegro to the northwest, Kosovo to the northeast, North Macedonia to the east and Greece to the south. Tirana is its capital and largest city, followed by Durrës, Vlorë, and Shkodër. Albania displays varied climatic, geological, hydrological, and morphological conditions, defined in an area of . It possesses significant diversity with the landscape ranging from the snow-capped mountains in the Albanian Alps as well as the Korab, Skanderbeg, Pindus and Ceraunian Mountains to the hot and sunny coasts of the Albanian Adriatic and Ionian Sea along the Mediterranean Sea. Albania has been inhabited by different civilisations over time, such as the Illyrians, Thracians, Greeks, Romans, Byzantines, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
EFTA Surveillance Authority
The EFTA Surveillance Authority (ESA) monitors compliance with the Agreement on the European Economic Area (EEA) in Iceland, Liechtenstein and Norway; the European Free Trade Association (EFTA) States which are a part of the EEA Agreement, allowing them to participate in the Internal Market of the European Union. ESA operates independently of the EEA EFTA States and seeks to protect the rights of individuals and market participants who find their rights infringed by rules or practices of the EFTA States or companies within those states. ESA monitors the timely implementation of EEA law (such as directives and regulations) by the EEA EFTA States and may investigate whether national legislation or practices are in line with EEA law. Such an investigation may lead to the launching of formal infringement proceedings against an EFTA State, a three-step procedure which may result in ESA referring the case to the EFTA Court. ESA is based in Brussels (Belgium) with over 70 employees of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
EFTA
The European Free Trade Association (EFTA) is a regional trade organization and free trade area consisting of four European states: Iceland, Liechtenstein, Norway and Switzerland. The organization operates in parallel with the European Union (EU), and all four member states participate in the European Single Market and are part of the Schengen Area. They are not, however, party to the European Union Customs Union. EFTA was historically one of the two dominant western European trade blocs, but is now much smaller and closely associated with its historical competitor, the European Union. It was established on 3 May 1960 to serve as an alternative trade bloc for those European states that were unable or unwilling to join the then European Economic Community (EEC), the main predecessor of the EU. The Stockholm Convention (1960), to establish the EFTA, was signed on 4 January 1960 in the Swedish capital by seven countries (known as the " outer seven": Austria, Denmark, Nor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liechtenstein
Liechtenstein (), officially the Principality of Liechtenstein (german: link=no, Fürstentum Liechtenstein), is a German language, German-speaking microstate located in the Alps between Austria and Switzerland. Liechtenstein is a semi-constitutional monarchy headed by the prince of Liechtenstein. Liechtenstein is bordered by Switzerland to the west and south and Austria to the east and north. It is List of European countries by area, Europe's fourth-smallest country, with an area of just over and a population of 38,749 (). Divided into Municipalities of Liechtenstein, 11 municipalities, its capital is Vaduz, and its largest municipality is Schaan. It is also the smallest country to border two countries. Liechtenstein is a Landlocked country#Doubly landlocked, doubly landlocked country between Switzerland and Austria. Economically, Liechtenstein has one of the List of countries by GDP (PPP) per capita, highest gross domestic products per person in the world when adjusted for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Norway
Norway, officially the Kingdom of Norway, is a Nordic countries, Nordic country in Northern Europe, the mainland territory of which comprises the western and northernmost portion of the Scandinavian Peninsula. The remote Arctic island of Jan Mayen and the archipelago of Svalbard also form part of Norway. Bouvet Island, located in the Subantarctic, is a Dependencies of Norway, dependency of Norway; it also Territorial claims in Antarctica, lays claims to the Antarctic territories of Peter I Island and Queen Maud Land. The capital and largest city in Norway is Oslo. Norway has a total area of and had a population of 5,425,270 in January 2022. The country shares a long eastern border with Sweden at a length of List of countries and territories by land borders, . It is bordered by Finland and Russia to the northeast and the Skagerrak strait to the south, on the other side of which are Denmark and the United Kingdom. Norway has an extensive coastline, facing the North Atlanti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iceland
Iceland ( is, Ísland; ) is a Nordic island country in the North Atlantic Ocean and in the Arctic Ocean. Iceland is the most sparsely populated country in Europe. Iceland's capital and largest city is Reykjavík, which (along with its surrounding areas) is home to over 65% of the population. Iceland is the biggest part of the Mid-Atlantic Ridge that rises above sea level, and its central volcanic plateau is erupting almost constantly. The interior consists of a plateau characterised by sand and lava fields, mountains, and glaciers, and many glacial rivers flow to the sea through the lowlands. Iceland is warmed by the Gulf Stream and has a temperate climate, despite a high latitude just outside the Arctic Circle. Its high latitude and marine influence keep summers chilly, and most of its islands have a polar climate. According to the ancient manuscript , the settlement of Iceland began in 874 AD when the Norwegian chieftain Ingólfr Arnarson became the fir ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Official Languages Of The European Union
The European Union (EU) has 24 official languages, of which threeEnglish, French and Germanhave the higher status of "procedural" languages of the European Commission (whereas the European Parliament accepts all official languages as working languages). Irish previously had the lower status of "treaty language" before being upgraded to an official and working language in 2007. However, a temporary derogation was enforced until 1 January 2022. The three procedural languages are those used in the day-to-day workings of the institutions of the EU. The designation of Irish as a "treaty language" meant that only the treaties of the European Union were translated into Irish, whereas Legal Acts of the European Union adopted under the treaties (like Directives and Regulations) did not have to be. Luxembourgish and Turkish, which have official status in Luxembourg and Cyprus, respectively, are the only two official languages of EU member states that are not official languages of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Directorate-General For Competition
The Directorate-General for Competition (DG COMP) is a Directorate-General of the European Commission, located in Brussels. The DG Competition employs around 850 officials, as well as a number of seconded national officials, among other from national competition authorities. It is responsible for establishing and implementing competition policy for the European Union. DG Competition has a dual role in antitrust enforcement: an investigative role and a decision-making role. DG Competition is also considered to be one of the most sophisticated antitrust enforcers in the world, alongside the US’ Federal Trade Commission and the Antitrust Division of the Department of Justice. Its fines to corporations climbed from €3.4bn between 2000 and 2004, to €9.4bn between 2005 and 2009. Between 2010 and 2012, it totalled €5.4bn. The DG Competition policy areas include the following: * antitrust (agreements and conduct prohibited under Articles 101 and 102 of the TFEU), * mergers (Commi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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