 |
|
Competition Issues
July 2010 |
 |
CCP
Launches VCCC
Daily Times, July 23, 2010
The CCP has
launched a Voluntary Competition Compliance Code (VCCC) scheme,
with the objective of creating awareness and understanding by
firms of competition law in Pakistan. Companies signing up to the
VCCC will have to establish internal compliance policy, appoint
compliance officers, and train and educate employees about
compliance. In return, those who adopt the VCCC will benefit from
lenient treatment and a reduction in penalties for competition
related fines. <<More>>
Implementation of competition policy crucial
Daily Times, July 09, 2010
“The Competition
Commission of Pakistan (CCP) has laid the foundation of sound
competition regime in Pakistan and now it is imperative that all
stakeholders ensure the implementation of competition policy in
letter and spirit’ said by the chairman CCP, Khalid Mirza. <<More>>
Competition Protection Office to become an
independent agency
International Law Office, July 08, 2010
The Competition
Protection Office (Slovenia) will be transformed into an
independent Agency for the Protection of Competition and
Consumers. The agency will assume the responsibilities of both the
Competition Protection Office and the Consumer Protection Office
(following, among other things, the example of the UK Office of
Fair Trading). <<More>>
HK
Competition Law Set to Surface
China Law Insight, July 08, 2010
The Hong Kong
government appears set to introduce its competition bill into the
Legislative Council on July 14, 2010. The bill will cover
collusive behaviour and concerted practices as well as abuse of
dominant positions. It will not, however, introduce merger
controls, leaving open the question of whether mergers could be
challenged ex post under general competition law. <<More>>
HK
competition law will harm mergers
IFLR, July 6, 2010
Hong Kong has
tabled its long-awaited competition bill. In a sop to business,
the proposed law does not include a merger review regime. But by
bowling to corporate pressure, the law could damage deal
certainly. <<More>>
Competition Act to promote competitive environment
Bernama, July 5, 2010
The Competition
Act 2010, which will come into force on Jan 1, 2012, will promote
a competitive environment and give foreign investors more
confidence in the country’s business practices. The Act will
govern all firms, including government-linked companies (GLCs). <<More>>
Bulgaria Oks Downsizing of Competition Watchdog
Sofia News Agency, July 2, 2010
Bulgaria's
Parliament has approved at second reading the downsize from 7 to 5
of the staff in the Competition Protection Commission. The
regulatory body will now consist of President, Vice-President and
three members. <<More>>
Archive...
 TOP |
