Sentences with phrase «competition policy principles»

This allows for a dynamic dialogue that serves to build consensus and convergence towards sound competition policy principles across the global antitrust community.

Not exact matches

REALITY: First conceived by the Commercial Club of Chicago, Chicago's school reform policy — «Renaissance 2010» — is based not on sound research and analysis, but on market principles of privatization, competition, and commercialization.

I also wrote that, this national policy to «make competition great again» in America, should be guided by the following principles:

The implications of the superstar effect extend beyond the PGA Tour and, in principle, require firms to be cautious in using «best athlete» hiring policies in organizations where internal competition is a key driver of incentives.

Where it is possible to interpret the Treaty competition provisions in a way that favours environmental protection, and there is a conflict with the goals of competition policy, then the proportionality principle applies.

Notwithstanding the above, recognition and enforcement has been refused on grounds of public policy for the following reasons: the award was obtained by fraud (see Westacre Investments Inc v Jugoimport - SPDR Holding Co Ltd [1999] 2 Lloyd's Rep 65 (CA) and Tamil Nadu Electricity Board v ST - CMS Electric Company Private Ltd [2008] 1 Lloyd's Rep 93); the award was tainted by illegality (Soleimany v Soleimany [1998] 3 WLR 811); the underlying agreement was contrary to principles of EU law, in particular competition law as set out in Articles 101 and 102 of the TFEU (Eco Swiss China Time Ltd v Benetton International NV (1999)(Case C - 126 / 97); and the award was unclear as to the obligations imposed on the parties (Tongyuan (USA) International Trading Group v Uni-Clan Ltd (2001, unreported, 26 Yearbook of Commercial Arbitration 886).

For the purposes set out in Article 2, the activities of the Member States and the Community shall include, as provided in this Treaty and in accordance with the timetable set out therein, the adoption of an economic policy which is based on the close coordination of Member States» economic policies, on the internal market and on the definition of common objectives, and conducted in accordance with the principle of an open market economy with free competition.

Although there are some basic principles which are common to most competition laws worldwide, one must always check local law and practices and policies of the authorities.