Sentences with phrase «concerted practices»

In the first place, the competition law definition of agreement does not include concerted practices.

ACCC chairman Rod Sims said when the decision was handed down in December: «Proving the existence of an understanding can be a complex task, which is why the Parliament recently added a new concerted practices prohibition to our competition law.

Article 101 of the TFEU prohibits agreements and concerted practices which may affect trade and prevent or restrict competition.

The Court then holds that even if there is no agreement or concerted practice between Allianz and Generali, a context analysis would have to reveal whether the vertical agreements are «sufficiently injurious to competition as to amount to restriction of competition by object» (para. 46).

As a result of the Harper Reforms concerted practices are now also prohibited where they substantially lessen competition.

In particular, the ACCC is inviting feedback from consumers, businesses and other stakeholders about the issues and topics the ACCC can provide guidance on to assist them understand how the proposed concerted practices prohibition will operate and how the ACCC will approach potential breaches of the provision.

«In particular, the ACCC is inviting feedback from consumers, businesses, and other stakeholders about the issues and topics the ACCC can provide guidance on to assist them understand how the amended misuse of market power prohibition, and the prohibition on anti-competitive concerted practices are likely to operate and how we'll approach those provisions,» Sims said.

The Court considers that if there was horizontal agreement or concerted practice between Allianz and Generali, this agreement would be treated as a restriction by object (para. 45).

A concerted practice may be established in the absence of any direct contact between the firms, for example where firms communicate indirectly through an intermediary such as a peak industry body; or

Since November 2017, businesses are banned from engaging in a «concerted practice that has the purpose, effect, or likely effect of substantially lessening competition».

ACCC Chairman, Rod Sims, has said that the outcome «highlights the importance of the Federal Government's Competition Policy Reform Bill, which introduces a concerted practices prohibition...»

In a statement this week the authority said that as a result of the settlement the two companies» dairies «both gave undertakings in the High Court last Friday - 25 July - that they would comply with the terms of the Competition Act 2002 and not enter into any agreement, or engage in any concerted practice, to fix the retail price of liquid milk».

In a speech to CEDA today, ACCC Chairman, Rod Sims, discussed three key issues affecting competitiveness of Australian markets; section 46, concerted practices and privatisation.

The EU has found that HarperCollins, Simon & Schuster, Macmillan, Hachette Livre, and Apple «engaged in a concerted practice» to raise ebook prices or prevent the emergence of lower... [Read more...]

The EU has found that HarperCollins, Simon & Schuster, Macmillan, Hachette Livre, and Apple «engaged in a concerted practice» to raise ebook prices or prevent the emergence of lower prices across Europe.

In 2012, the European Commission began the process of dismantling the agency model after finding publishers HarperCollins, Simon & Schuster, Macmillan, Hachette Livre, and Apple «engaged in a concerted practice» to raise e-book prices or prevent the emergence of lower prices across Europe.

The EC reports in its Official Journal (PDF) that «by jointly switching the sale of ebooks from a wholesale model to an agency model with the same key terms on a global basis, the Four Publishers and Apple engaged in a concerted practice with the object of raising retail prices of ebooks in the EEA [European Economic Area, which includes the 27 countries in the European Union plus Iceland, Norway and Liechtenstein],» breaching EEA competition rules.

The directive's aim is to make it easier for consumers and businesses to claim for loss caused by cartel and concerted practices or abuse of dominant market place positions.

He concludes that where this conduct has arisen following discussions within the Bar more generally, the case law indicates that a concerted practice may be inferred unless the parties have distanced themselves in writing and by their conduct.

If EU competition law were confined to the places where agreements were reached or concerted practices engaged in, it would «give undertakings an easy means of evading» Articles 101 and 102 (§ § 41 - 45).