Model Law On Competition: Substantive Possible Elements For A Competition Law, Commentaries And Alternative Approaches In Existing Legislations (unctad Series On Issues In Competition Law And Policy)

UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT MODEL LAW ON COMPETITION UNCTAD Series on Issues in Competition Law and Policy Substantive Possible Elements for a competition law, commentaries and alternative approaches in existing legislations UNITED NATIONS New York and Geneva, 2007 NOTE The designations employed and the presentation of the material do not imply the expression of any opinion whatsoever on the part of the United Nations secretariat concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries. Material in this publication may be freely quoted or reprinted, but acknowledgement is requested, together with a reference to the document number. A copy of the publication containing the quotation or reprint should be sent to the UNCTAD secretariat. TD/RBP/CONF.5/7/Rev.3 UNITED NATIONS PUBLICATIONS Sales No. E-07.II.D.7 ISBN: 978-92-1-112716-4 Copyright © United Nations, 2007 All rights reserved ii CONTENTS NOTE ..........................................................................................................................................................ii Introduction .................................................................................................................................................v PART I Substantive Possible Elements for a Competition Law............................................... TITLE OF THE LAW: Elimination or control of restrictive business practices: .....................................3 CHAPTER I Objectives or purpose of the law ..........................................................................................3 CHAPTER II Definitions and scope of application ...................................................................................3 CHAPTER III Restrictive agreements or arrangements............................................................................3 CHAPTER IV Acts or behaviour constituting an abuse of a dominant position of market power............4 CHAPTER V Notification..........................................................................................................................4 CHAPTER VI Notification, investigation and prohibition of mergers affecting concentrated markets ...5 CHAPTER VII The relationship between competition authority and regulatory bodies, including sectoral regulators ..................................................................................................................................6 CHAPTER VIII Some possible aspects of consumer protection ...............................................................7 CHAPTER IX The Administering Authority and its organization.............................................................7 CHAPTER X Functions and powers of the Administering Authority........................................................7 CHAPTER XI Sanctions and relief............................................................................................................7 CHAPTER XII Appeals .............................................................................................................................8 CHAPTER XIII Actions for damages ........................................................................................................8 PART II Commentaries on Chapters of the Model Law and alternative approaches in existing legislation ......................