Competition

 

Which are the basic prohibitions under Cyprus competition law?

The applicable provisions prohibiting anti-competitive practices and abuse of dominance are contained in The Protection of Competition Law 13(I)/2008 (the Law). Section 3 of the Law (which reflects article 101 TFEU) provides that all agreements between undertakings or associations of undertakings, all decisions of associations of undertakings and any concerted practices, having as their object or effect the elimination, restriction or distortion of competition within the Republic shall be prohibited and shall be void ab initio. Pursuant to Section 6(1) of the Law, any abuse by one or more undertakings of a dominant position within the internal market or in a substantial part of it in respect of a product shall be prohibited, especially if it affects or may affect­

Monday, 10 December 2012 09:07
Published in Competition
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