ANTI COMPETITIVE PRACTICES AND THE CLOSURE OF THE COMPETITION COUNCIL'S INVESTIGATION THROUGH THE COMMITMENTS PROCEDURE
ANTI COMPETITIVE PRACTICES AND THE CLOSURE OF THE COMPETITION COUNCIL'S INVESTIGATION THROUGH THE COMMITMENTS PROCEDURE

Summary/Abstract: This article analyzes anti competitive practices and the alternative way for the Compe¬tition Council to close an investigation through the commitments procedure.Anti competitive practices are the main breaches of competition rules, and the discovery, investigation and sanctioning of such practices are crucial to ensure a normal compe¬titive environment. These anti competitive practices can affect the final consumer, who may have to pay a higher price than that which would have been freely determined by the supply and demand game. For this reason, these behaviours are considered illegal and are sanctioned with very harsh fines by the Competition Council. However, at the request of the companies under investigation, the Competition Council can close an investigation regarding a possible infringement of the competition rules through possible anticom¬petitive practices without imposing sanctions, by using the commitments procedure.

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