Cyprus (2008)
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 | |
| Mandatory | 3 | Law 22(I), section 9, requires mandatory notification and approval prior to a merger. | |
| Pre-merger | 2 | Law 22(I), section 9, requires mandatory notification and approval prior to a merger. | |
| Post-merger | 1 | Law 22(I), section 14, allows for post-merger notification. | |
| Merger Assessment | Dominance | 1 | Law 22(I), sections 10-11, require dominance to be considered when assessing a merger. |
| Restriction of Competition | 1 | Section 3(1) of 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) | 1 | Section 4(1) of Law 13(I)/2008 permits anti-competitive conduct that benefits consumers, as long as it will not reduce competition any more than is necessary, and will not eliminate competition from a substantial part of that market. | |
| 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
- ↑ 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
- ↑ This law is available online at http://www.competition.gov.cy/competition/competition.nsf/All/38B42C6DAA898323C22571A800314847/$file/concentration.pdf?OpenElement.