Examples of Competition Commission in a sentence
If a bidder(s) or contractor(s), based on reasonable grounds or evidence obtained by the purchaser, has / have engaged in the restrictive practice referred to above, the purchaser may refer the matter to the Competition Commission for investigation and possible imposition of administrative penalties as contemplated in the Competition Act No. 89 of 1998.
If a bidder(s) or contractor(s) based on reasonable grounds or evidence obtained by the purchaser has / have engaged in the restrictive practice referred to above, the purchaser may refer the matter to the Competition Commission for investigation and possible imposition of administrative penalties as contemplated in section 59 of the Competition Act No 89 0f 1998.
In addition, the Swiss Competition Commission (“WEKO”) has commenced an investigation of numerous banks and financial intermediaries concerning possible collusion relating to LIBOR and TIBOR (Tokyo Interbank Offered Rate) reference rates and certain derivatives transactions.
These provisions require acquisitions of shares, voting rights, assets or control or mergers or amalgamations that cross the prescribed asset and turnover based thresholds to be mandatorily notified to and pre-approved by the Competition Commission of India (the “CCI”).
In an announcement later that day, the EC explained that it conducted the raids because of “concerns that companies and an association in the fragrance industry worldwide may have violated EU antitrust rules that prohibit cartels.” The EC carried out the raids in consultation with the United States Department of Justice (“DOJ”), the United Kingdom Competition and Markets Authority (“CMA”), and the Swiss Competition Commission (“COMCO”).