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.

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

  • 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.

  • 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.

  • 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.

  • Therefore matters of competitive significance and the issue of direct exchange lines in particular must be dealt with by complainants’ private right of action under section 48 of the Fair Competitions Act.

  • Charging below the commercial rate may also be regarded as predatory pricing and may lay the Council open to legal challenges under the Competitions Act 1998.

  • The Competitions Act too is important and RGTS thoroughly researches all aspects of these and associated laws to ensure that we and our clients are never at risk.

Related to Competitions Act

  • Competition Act means the Competition Act (Canada).

  • Competition Laws means any domestic, federal, foreign or supranational Laws that are designed or intended to prohibit, restrict or regulate actions having the purpose or effect of monopolization or lessening of competition through merger or acquisition or restraint of trade means.

  • 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”.

  • 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 the occurrence of one or more of the following:

  • 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 the Competition Act or a person designated or authorized pursuant to the Competition Act to exercise the powers and perform the duties of the Commissioner of Competition;

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

  • Sanctions Laws means all U.S. and non-U.S. Laws relating to economic or trade sanctions, including the Laws administered or enforced by the United States (including by OFAC or the U.S. Department of State), the United Nations Security Council, and the European Union.