Cyprus (2008)

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Revision as of 16:45, 22 July 2008 by LMyhre (talk | contribs)
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Governed by:

Protection of Competition Law 2008 (replaced Protection of Competition of Law 207/89)[1]

Control of Concentrations of Enterprises Law number 22(I) of 1999.[2]

Score = __

Category Subcategory Score Comment
Scope Extraterritoriality 0 According to Law 22(I) of 1999, Section 3(2)(a)(ii), the competition law of Cyprus is limited to concentrations where at least one of the undertakings engages in commercial activity within Cyprus.
Remedies Fines 1 Law 22(I) of 1999, Section 52, provides for fines.
Prison Sentences 0
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 or 1
Mandatory 0 or 3
Pre-merger 0 or 2
Post-merger 0 or 1
Merger Assessment Dominance 0 or 1
Restriction of Competition 1 Section 3(1) of the Protection of Competition Law 13(I)/2008 prohibits all agreements between undertakings, decisions by association of undertakings and concerted practices that have as an object or effect the prevention, restriction or distortion of competition within the Republic.
Public Interest (Pro D) 0 or 1
Public Interest (Pro Authority) 0 or 1
Other 0 or 1
Efficiency 0 or 1
Dominance Limits Access 0 or 1
Abusive Acts 0 or 1
Price Setting 0 or 1


Discriminatory Pricing 0 or 1
Resale Price Maintenance 0 or 1
Obstacles to Entry 0 or 1
Efficiency Defense 0 or 1
Restrictive Trade Practices Price Fixing 1 Section 3(1) of the Protection of Competition Law 13(I)/2008 prohibits directly or indirectly fix purchase or selling prices or any other trading conditions.
Tying 0 or 1
Market Division 0 or 1
Output Restraint 0 or 1


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

  1. The 2008 law was not available online when this page was updated, but the site for the Commission for the Protection of Competition of the Republic of Cyprus explains what the new law covers. This information can be viewed in English at http://www.competition.gov.cy/competition/competition.nsf/aboutcpc_en/aboutcpc_en?OpenDocument
  2. This law is available online at http://www.competition.gov.cy/competition/competition.nsf/All/38B42C6DAA898323C22571A800314847/$file/concentration.pdf?OpenElement.