Nicaragua 2006: Difference between revisions

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'''Score = 23'''
'''Score = 20'''


''Governed by:'' Law of Promotion of Competition (Law No.601, approved on September 28, 2006)<ref>http://www.dgpsa.gob.ni/biblioteca/biblioteca_archivos/449/Ley%20601.%20Ley%20%20de%20promocion%20de%20la%20competencia..pdf</ref><ref>NOTE: The analysis of this statute is based upon our own translation.</ref>
''Governed by:'' Law of Promotion of Competition (Law No.601, approved on September 28, 2006)<ref>http://www.dgpsa.gob.ni/biblioteca/biblioteca_archivos/449/Ley%20601.%20Ley%20%20de%20promocion%20de%20la%20competencia..pdf</ref><ref>NOTE: The analysis of this statute is based upon our own translation.</ref>

Revision as of 13:59, 12 October 2007

Score = 20

Governed by: Law of Promotion of Competition (Law No.601, approved on September 28, 2006)[1][2]

Category Subcategory Score Comment
Scope Extraterritoriality 1 Article 2 of the Competition Law extends to firms located outside Nicaragua.
Remedies Fines 1 Article 45.
Prison Sentences 0
Divestitures 1 Article 28(c).
Private Enforcement 3rd Party Initiation 0
Remedies Available to 3rd Parties 1 Article 41 (?)
3rd Party Rights in Proceedings 0
Merger Notification Voluntary 0
Mandatory 3 Article 25.
Pre-merger 2 Article 25.
Post-merger 0
Merger Assessment Dominance 1 Article 26.
Restriction of Competition 1 Article 26.
Public Interest (Pro D) 1 Article 4(d).
Public Interest (Pro Authority) 0
Other 1 Article 26 has an exception for business failure.
Efficiency 1 Article 4(b).
Dominance Limits Access 0
Abusive Acts 1 Article 19.
Price Setting 0
Discriminatory Pricing 1 Article 19(f).
Resale Price Maintenance 1 Article 19(b).
Obstacles to Entry 0
Efficiency Defense 1 Article 4(b).
Restrictive Trade Practices Price Fixing 1 Article 18(a).
Tying 1 Article 19(c), 19(d).
Market Division 1 Article 18(b).
Output Restraint 1 Article 18(d).
Market Sharing 0
Eliminating Competitors 1 Article 18(c)
Collusive Tendering/Bid-Rigging 1 Article 18(e).
Supply Refusal 1 Article 19(e).
Efficiency Defense 1 Article 4(b).

References