Short title this act may be cited as the competition act, 2010. The competition amendment bill, 2012 was introduced in the lok sabha on december 10, 2012 by the minister of corporate affairs, sachin pilot. Competition can benefit consumers in other ways as well. Competition act 1090 kb act current to 20200402 and last amended on 20191218. See coming into force provision and notes, where applicable. Be it enacted, by the senate and house of representatives of the philippines in congress assembled. The department of defenses dod competition rate for all contract obligations declined over the past five fiscal years, from 62. It is part of a wide range of factsheets on the act, all available at.
S 18 amended by competition amendment act 1 of 2009 from date to be proclaimed. Telecommunications act chapter 323 code of practice for competition in the provision of telecommunication services 2012 in exercise of the powers conferred by section 26 1 of the telecommunications act, the infocommunications development authority of singapore hereby issues the following code. Repealed by the competition amendment act, 2007, sec. The short title of this act is the competition act. The competition committee holds occasional hearings to address strategic issues outside the core competition domain and to improve the analysis in such areas where competition can be meaningful. Amends financial advisory and intermediary services act 37 of 2002. Competition authority and the competition tribunal, and for connected purposes act no. There are outstanding changes not yet made by the legislation. Section 1 of the sherman act prohibits concerted action that unreasonably restrains trade. Factsheet c4 provides details regarding choice and competition and the health and social care act 2012. Oct 25, 2018 the 2012 act is widely seen as dysfunctional. This act may be cited as the competition and consumer protection act, 2010, and shall come into operation on such date as. Financial markets act 19 of 2012 south african government.
Be it enacted by parliament in the sixtythird year of the republic of india as follows. The competition commission safeguards the process of free and fair competition in commercial markets for the benefit of consumer welfare, efficiency of enterprises and the development of the economy as a whole. Amended by competition amendment act 18 of 2018 amended by financial markets act 19 of 2012 from 3 jun 20. Subject to the provisions of this act, it shall be the duty of the commission to eliminate practices having adverse effect on competition, promote and sustain competition, protect the interests of consumers, and ensure freedom of trade carried on by other participants, in markets in india. Apr 05, 2018 the public services social value act 2012. Empowerment of the competition commissioner for the application of regulation no 12003 6 2. Paged competition act no12 of 2010 kenya law reports. This version of this act contains provisions that are prospective. In this act unless the context otherwise requires association of undertakings means. However, and partly as the result of amendments forced on the government during the passage. Its main role is to protect the competitive process for the benefit of businesses, consumers and the economy. Provisions in the 2012 spectrum act congressional research service 3 the legislation that first authorized the fcc to establish competitive bidding systems7 for a limited period was included in the omnibus budget reconciliation act of 1993 p. Under this legislation, the competition commission of india was established to prevent the activities that have an adverse effect on competition in india.
Competition act 1090 kb act current to 20200421 and last amended on 20191218. To regulate competition, enable the application of council regulation ec 12003 and provide for fair trading in malta. Its main role is to protect the competitive process for the benefit of businesses, consumers and t. However, and partly as the result of amendments forced on the government during the passage of the bill, the 2012 act also lays duties on monitor. The malaysia competition commission mycc is an independent body established under the competition commission act 2010 to enforce the competition act 2010. Amended by financial services laws general amendment act 45 of 20 from 28 feb 2014. The competition act, 2012 department of printing and publications. Interpretation of expressions 1 the following expressions referred to in the act shall be interpreted in accordance with this section a competition means competition in a market in kenya and refers. Section 5 1 a business corporation may request a person who violated the ban on competition to return any benefit obtained as a result of the violation or to transfer any rights arising therefrom to the business corporation, unless the same is excluded by. Competition act, 2002 competition commission of india. The act has fundamentally reformed south africas competition regulation regime and has created new competition authorities with significant powers. S, 21, 4950, 5859, 7374, 82 amended by cooperative banks act 40 of 2007 from 1 aug 2008. The competition act, 2010 ca 10 is a state of the art modern law which gives the competition commission of pakistan legal and investigative instruments and powers to engender free competition in all spheres of commercial and economic activity, enhance economic efficiency, and to protect consumers from anticompetitive behaviour the act applies to all undertakings in pakistan regardless. Akta perkhidmatan pos 2012, is a malaysian laws which enacted to provide for the licensing of postal services and the regulation of the postal services industry, and for incidental or connected matters.
If the members of a bench differ in opinion on any point, they shall state the point or points on which they differ, and make a. Two hearings on the digital economy were held in october 2011 and february 2012. Ct2012002 competition tribunal in the matter of competition. Choice and competition the health and social care act 2012. This article examines the impact of the health and social care act 2012 on the regulation of competition in the english national health service nhs, by focussing on the change it marked from a system of sectorspecific regulation to one which is clearly based in competition law. When there is little or no competition, consumers are. Act to provide for the establishment of a competition commission responsible for the investigation, control and evaluation of restrictive practices, abuse of dominant position, and mergers.
Commissioner of competition 7 1 the governor in council may appoint an officer to be known as the commissioner of competition, who shall be responsible for a the administration and enforcement of this act. An act to ameend the zambia development agency act, 2006. An act to provide, keeping in view of the economic development of the country, for the establishment of a commission to prevent practices having adverse effect on competition, to promote and sustain competition in. In this act principal act means the competition act 2002. The office for civil society, with support from the crown commercial service has written an introductory. Published by the national council for law reporting with the authority of. An act to provide for free competition in all spheres. An act to provide, keeping in view of the economic development of the country, for the establishment of a commission to prevent practices having adverse effect on competition, to promote and sustain competition in markets, to protect the interests of consumers and to ensure freedom of trade carried on by other participants in markets, in india, and for matters. Gao also found that the competition rate in fiscal year 2012 varied by specific dod. Amended by financial markets act 19 of 2012 from 3 jun 20.
It replaced the archaic the monopolies and restrictive trade practices act, 1969. The office for civil society, with support from the crown commercial service has written an. August 9, 2012 complaint for civil penalties and other relief, and exhibits a and b 814. B 4102010 w hereas the process of competition encourages efficiency, innovation. Competition act 89 of 1998 south african government. Interpretation in this act, unless the context otherwise requires.
It sought to set choice and competition in legislative stone, operating through the purchaserprovider split not just as a way of managing the service, but as the way of running it timmins 2018. Monday may 19, 2014 alethnien rajab 20, 1435 somavara vaisakha 29, 1936, at 09. Some agreements, especially those supporting cartel activity, are deemed unreasonable. A discussion of the legislative evolution of irish competition law and the introduction and application of the criminal sanctions for individuals. Procedure for deciding a case where members of a bench differ in opinion. Order under section 27 of the competition act, 2002 1. An act to provide, keeping in view of the economic development of the country, for the establishment of a commission to prevent practices having adverse effect on competition, to promote and sustain competition in markets, to protect the interests. Act anay be called the competition act, 2010 2 it extends to the whole of pakistan 3 it shall apply to all undertakings and all actions or matters that take place in pakistan and distort compel iaon. The competition act, 2002 was enacted by the parliament of india and governs indian competition law. Amends collective investment schemes control act 45 of 2002. An act to provide for the general regulation of trade and commerce in respect of conspiracies, trade practices and mergers affecting competition. This report discusses the legislative history of the competition act and analyzes salient jurispruden tial trends in competition law enforcement over the period of last four years.
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