Greenland (2007): Difference between revisions

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| Chapter 2, Article 8(1) allows for associations of undertakings or concerted practices between firms that contribute to strengthening the efficiency of production or distribution of goods or services.


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Revision as of 03:38, 24 November 2008

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Governed by: Greenland Parliament Law No. 16, 19 November 2007 on Competition (herein referred to as "Competition Act").[1][2]


Category Subcategory Score Comment
Scope Extraterritoriality 0 This law "covers all forms of business activities and support using public funds for business activities." Article 2.
Remedies Fines 0 or 1
Prison Sentences 0 or 1
Divestitures 0 or 1
Private Enforcement 3rd Party Initiation 0 or 1
Remedies Available to 3rd Parties 0 or 1
3rd Party Rights in Proceedings 0 or 1
Merger Notification Voluntary 0
Mandatory 0 or 3
Pre-merger 0 or 1
Post-merger 0 or 1
Merger Assessment Dominance 1
Restriction of Competition 1 Chapter 2, Article 6 prohibits companies to conclude agreements which directly or indirectly, have the purpose or effect of restricting competition.
Public Interest (Pro D) 1 Chapter 2, Article 8 exempts associations of undertakings or concerted practices between firms from the prohibition in Article 6, paragraph 1, if the Competition Tribunal considers that they: 1) contribute to strengthening the efficiency of production or distribution of goods or services or promote technical or economic development, 2) allow consumers a fair share of [benefit], 3) do not impose restrictions on companies that are unnecessary to achieve these goals, and 4) do not enable companies to eliminate competition for a substantial portion of the goods or services.
Public Interest (Pro Authority) 0 or 1
Other 0 or 1
Efficiency 1 Chapter 2, Article 8(1) allows for associations of undertakings or concerted practices between firms that contribute to strengthening the efficiency of production or distribution of goods or services.
Dominance Limits Access 0 or 1
Abusive Acts 0 or 1
Price Setting 1 Chapter 2, Article 6, Paragraph 2(1) prohibits the fixing of purchase or selling prices or other conditions.
Discriminatory Pricing 1 Chapter 2, Article 6, Paragraph 2(4) prohibits applying dissimilar conditions to equivalent transactions with other trading parties, thereby placing them at a competitive disadvantage.
Resale Price Maintenance 1 Chapter 2, Article 6, Paragraph 2(7) prohibits the determining of resale price or otherwise seek to have one or more trading partners not to depart from indicative prices.
Obstacles to Entry 0 or 1
Efficiency Defense 0 or 1
Restrictive Trade Practices Price Fixing 1 Chapter 2, Article 6, Paragraph 2(1) prohibits agreements to fix purchase or selling prices.
Tying 1 Chapter 2, Article 6, Paragraph 2(5) prohibits supplementary obligations as conditions for concluding an agreement, when the supplementary obligations, by their nature or according to commercial usage, have no connection with the subject.
Market Division 1 Chapter 2, Article 6, Paragraph 2(3) prohibits the division of markets or sources.
Output Restraint 1 Chapter 2, Article 6, Paragraph 2(2) prohibits the limiting or controlling of production, marketing, technical development or investment.
Market Sharing 0 or 1
Eliminating Competitors 0 or 1
Collusive Tendering/Bid-Rigging 0 or 1
Supply Refusal 0 or 1
Efficiency Defense 0 or 1

References