Anticompetitive Practices. 1. The Parties agree that the following anticompetitive practices are incompatible with the proper operation of this Agreement: (a) anticompetitive agreements and concerted practices between enterprises which have as their object or effect the prevention, restriction and/or elimination of competition; (b) abuse of a dominant position; or (c) unfair competition. 2. Each Party, in accordance with its respective laws and regulations shall ensure that it carries out the efficient control over concentration of enterprises to the extent necessary for the protection and development of competition in the territory of that Party.
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Sources: Agreement on Economic and Trade Cooperation, Economic and Trade Cooperation Agreement