Greenland (2007)

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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 or 1
Mandatory 0 or 1
Pre-merger 0 or 1
Post-merger 0 or 1
Merger Assessment Dominance 0 or 1
Restriction of Competition 0 or 1
Public Interest (Pro D) 1 This law does not apply to activities required by government regulation, including municipal regulation to the extent that such municipal regulation is required to comply with its functions assigned to it by law. Article 2, Paragraph 2.
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 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(6) 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