Guyana: Difference between revisions

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'''Score = __'''
'''Score = 15'''


''Governed by:'' Competition and Fair Trading Act of 2004 (hereinafter referred to as “Competition Act”).  
''Governed by:'' Competition and Fair Trading Act of 2004 (hereinafter referred to as “Competition Act”).  
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Revision as of 15:40, 8 September 2007

Score = 15

Governed by: Competition and Fair Trading Act of 2004 (hereinafter referred to as “Competition Act”). [1]

Category Subcategory Score Comment
Scope Extraterritoriality 0
Remedies Fines 1 Article 48(a): 7(10)(c)(iii) allows Commission to impose fine up to $10 million (Though Article 25(3) allows $25 million fine for abuse of dominant position)
Prison Sentences 0
Divestitures 0
Private Enforcement 3rd Party Initiation 1 Article 6(b) allows third party to initiate proceedings through Commission
Remedies Available to 3rd Parties 1 Article 22(2) allows third party to petition Commission to get compensation for damages resulting from violator’s acts
3rd Party Rights in Proceedings 0
Merger Notification Voluntary 0
Mandatory 0
Pre-merger 0
Post-merger 0
Merger Assessment Dominance 0
Restriction of Competition 0
Public Interest (Pro D) 0
Public Interest (Pro Authority) 0
Other 0
Efficiency 0
Dominance Limits Access 1 Article 24(1)(e) prohibits limiting production.
Abusive Acts 1 Article 23(1) prohibits abuse of dominant position.
Price Setting 1 Article 24(1)(d) prohibits imposition of unfair selling prices
Discriminatory Pricing 1 7(1)g prohibits price discrimination
Resale Price Maintenance 1 Article 31(1) prohibits resale price maintenance.
Obstacles to Entry 1 Article 24(1)(a) prohibits restriction of entry into market of an enterprise.
Efficiency Defense 1 Article 24(1)(e) permits otherwise prohibited behavior if it improves production or distribution of goods or promotes economic progress
Restrictive Trade Practices Price Fixing 1 Article 20(2)(a) prohibits price fixing.
Tying 1 Article 20(2)(c) prohibits tying.
Market Division 1 Article 20(2)(c) prohibits market division.
Output Restraint 1 Article 20(2)(b) prohibits the limiting of production.
Market Sharing 0
Eliminating Competitors 0
Collusive Tendering/Bid-Rigging 1 Article 20(2)(d) prohibits bid tendering.
Supply Refusal 1 Article 39(b) prohibits refusal of supply of goods to other enterprises
Efficiency Defense 1 Article 20(3)(a) allows for considering whether an agreement “contributes to the improvement of production or distribution of goods or services or the promoting of technical or economic progress.”

References