Competitions Act definition

Competitions Act means the Competitions Act, 1998, (Act No. 89 of 1998, and any regulations pertaining thereto.
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Examples of Competitions Act in a sentence

  • Certain activities prohibited under the Competitions Act are also covered under PRECCA: for example, if a company is involved in “cover pricing” this is defined as corruption under PRECCA and is prohibited under the Competition Act.19 Collusion in the market to fix prices of goods sold to consumers, for example, is illegal in terms of competition legislation, though not defined as corruption under PRECCA.

  • As a general rule, if an abuse of market power by larger companies were suspected, it would be better to use the appropriate instruments created for that purpose by the Competitions Act.

  • Due to efficiency considerations, the Norwegian Competition Authority has granted a waiver from the Competitions Act until 1 July 2006, even though the agreement is in principle price-fixing.

  • To this list must obviously be added the Competitions Act No. 89 of 1998.Section 3 thereof provides the whole base for the Commission’s alleged entitlement to adjudicate these issues.

  • ACQUISITION AND MERGER ISSUES 6.21 In terms of an acquisition or merger issue (where the consideration for a purchase of assets, regulated by Section 9, or for an offer to shareholders, subject to the Competitions Act, consists of securities for which a listing will be sought) a pre-listing statement may be required as described in paragraph 6.1 and 9.23.

  • The Competitions Act embraces associations like the KSA but prescribes that certain activities within such associations can be seen as anti-competitive.

  • Structural adjustment would probably result in a net loss in welfare benefits.3. As a general rule, if an abuse of market power by larger companies were suspected, it would be better to use the appropriate instruments created for that purpose by the Competitions Act.

  • A Competitions Act has recently been enacted in order to regulate unfair competition and anti-trust issues within Botswana.

  • Todd Keely, owner of TLK Towing spoke in objection to number 5 in Recommendation GC-0186-2016 as the subcommittee is being done behind closed doors and needs to be more transparent, spoke about the Competitions Act, provided information about the accident of Randy Muzzi spoke about Mississauga’s towing model and how it is becoming the Federal government footprint and Bill 15 will regulate chasing.

  • It is beyond comprehension as to how two different rates of GST can be fixed on same product when sold in the state itself and when sold in the other states, which is against the provisions of the Competitions Act, 2012.

Related to Competitions Act

  • Competition Act means the Competition Act (Canada).

  • Competition Laws means any federal, state, foreign, multinational or supranational antitrust, competition or trade regulation statutes, rules, regulations, orders, decrees, administrative and judicial doctrines and other laws that are designed or intended to prohibit, restrict or regulate actions or transactions having the purpose or effect of monopolization or restraint of trade or lessening of competition through merger or acquisition or effectuating foreign investment.

  • Competitions means any competition comprised within the Event where the winner is awarded a prize. A Competition may be comprised of one or more qualification phase/sections, runs or heats, including official training sessions. In the FIS Rules, Competitions are sometimes also referred to as “races”.

  • Competition Law means any domestic or foreign antitrust, competition and merger control law or regulation that is applicable to the transactions contemplated by this Agreement.

  • Competition or “Competitions” means any competition comprised within the Event where the winner is awarded a prize. A Competition may be comprised of one or more qualification phase/sections, runs or heats, including official training sessions. In the FIS Rules, Competitions are sometimes also referred to as “races”.

  • Labour Relations Act means the Labour Relations Act, 1995 (Act No. 66 of 1995);

  • Corporations Act means the Corporations Act 2001 (Cth).

  • Business Corporations Act means the Business Corporations Act (British Columbia) from time to time in force and all amendments thereto and includes all regulations and amendments thereto made pursuant to that Act;

  • Communications Act means the Communications Act of 1934, as amended.

  • Competition Act Approval means that the Commissioner: (a) shall have issued an ARC, or (b) the applicable waiting period under section 123 of the Competition Act shall have expired or been terminated by the Commissioner, or the obligation to submit a notification shall have been waived under paragraph 113(c) of the Competition Act, and the Commissioner shall have issued a No-Action Letter;

  • OHS Act means the Occupational Health and Safety Act 2004;

  • WHS Act means the Work Health and Safety (National Uniform Legislation) Act 2011 (NT) and includes subordinate legislation made under that Act including regulations and approved codes of practice as well as any amendment, re-enactment or replacement of such Act ; and

  • corrupt practice means the offering, giving, receiving, or soliciting of anything of value to influence the action of a public official in the procurement process or in contract execution.

  • Public Works Act means the Public Works Xxx 0000;

  • Sanctions Laws and Regulations means any sanctions, prohibitions or requirements imposed by any executive order (an “Executive Order”) or by any sanctions program administered by OFAC.

  • Corrupt practices means the offering, giving, receiving or soliciting of anything of value to influence the action of a Government official in procurement process or in contract execution: and

  • Anti-Bribery Laws means the anti-bribery provisions of the Foreign Corrupt Practices Act of 1977, as amended, and all other applicable anti-corruption and bribery Laws (including the U.K. Xxxxxxx Xxx 0000, and any rules or regulations promulgated thereunder or other Laws of other countries implementing the OECD Convention on Combating Bribery of Foreign Officials).

  • Australian Corporations Act means the Corporations Xxx 0000 (Cth) of Australia.

  • SEBI Act or “Act” means the Securities and Exchange Board of India Act, 1992;

  • Commissioner of Competition means the Commissioner of Competition appointed pursuant to Subsection 7(1) of the Competition Act or his designee.

  • Anti-Bribery Law means any bribery, fraud, kickback, or other similar anti-corruption law or regulation to which You are subject in relation to the arrangements contemplated by these Terms (including without limitation the Xxxxxxx Xxx 0000 and the Criminal Finances Act 2017);

  • the Companies Act means the Companies Act 1981 of Bermuda as may from time to time be amended;

  • Foreign Corrupt Practices Act means the Foreign Corrupt Practices Act of the United States, 15 U.S.C. Sections 78a, 78m, 78dd-1, 78dd-2, 78dd-3, and 78ff, as amended, if applicable, or any similar law of the jurisdiction where the Property is located or where the Company or any of its Subsidiaries transacts business or any other jurisdiction, if applicable.

  • FAIS Act means the Financial Advisory and Intermediary Services Act, 2002 (Act No. 37 of 2002);

  • Sanctions and Export Control Laws means any applicable Law related to (a) import and export controls, including the U.S. Export Administration Regulations, (b) economic sanctions, including those administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury, the U.S. Department of State, the European Union, any European Union Member State, the United Nations, and Her Majesty’s Treasury of the United Kingdom or (c) anti-boycott measures.

  • Sanctions Laws means those trade, economic and financial sanctions Laws administered, enacted or enforced from time to time by (i) the United States (including the Department of the Treasury’s Office of Foreign Assets Control), (ii) the European Union and enforced by its member states, (iii) the United Nations, or (iv) Her Majesty’s Treasury of the United Kingdom.