Common use of Fair Competition Clause in Contracts

Fair Competition. 1. For the avoidance of doubt, the Parties confirm that paragraphs 2(a) and (b) of Article 8 only prescribe the obligation of Parties to adopt or maintain competition law and establish an independent competition authority to enforce this competition law. The Parties also confirm that this Agreement does not constrain the independent functioning of the said competition authorities. The decisions by these competition authorities are not subject to the dispute settlement mechanism under Article 25.

Fair Competition. 1. For 1.For the avoidance of doubt, the Parties Particies confirm that paragraphs 2(aArticle 8(2)(a) and (b) of Article 8 provides only prescribe for the obligation of the Parties to adopt or maintain competition law and to establish an independent competition authority to enforce this responsible for enforcing that competition law. The Parties also Councilsalso confirm that this Agreement does not constrain impede the independent functioning of the said competition authorities. The decisions by these of those competition authorities are shall not be subject to the dispute settlement mechanism under provided for in Article 25.