Norwegian Competition Authority
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Norwegian Competition Authority
Norwegian Competition Authority ( no, Konkurransetilsynet) is Norway, Norwegian etat, Government agency responsible for managing the ''Competition Act'' of 2004, including regulations imposed through the European Economic Community. This includes regulating cooperation that hinders competition, misuse of a dominant market position and control of buy-outs and mergers. The authority is based in Bergen. History Competition regulation in Norway dates back to the break-out of World War I when merchants made large profits maximizing the price of necessary goods. To counter this, the authorities regulated the price and availability of food through rations. On July 21, 1917 the Norwegian Price Directorate was created to regulate the Norwegian market. The present name came in 1994 when a new ''Competition Act'' was passed and the authority restructured. In 2003, the agency was moved from Oslo to Bergen, along with six other directorates and inspectorates which were moved out of Oslo, in a ...
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Etat
(pl. ) is a Norwegian state, county or municipal agency. An is a subdivision of the administration which has been given responsibility for a special area. An agency does not have a board of directors, but it does have a director, appointed by the subordinate organization. Normally decisions made by the agency can be appealed to the higher body. State agencies are subordinate to one particular ministry, and appeals are made to the Minister. As part of the parliamentary oversight and supervisory activities, Parliament has four independent agencies: the Auditor General of Norway, the Parliamentary Commissioner for the Armed Forces, the Parliamentary Ombudsman (for Public Affairs), and the Parliamentary Intelligence Oversight Committee. Government agencies are often given names ending in ''directorate'', ''inspectorate'', ''administration'' () or ''authority''. Among the organisations organised as agencies are the universities and colleges. All government agencies are audited by ...
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