New provisions implementing the ECN + Directive will come into force in 2021 and will expose business associations to significantly heavier and more dissuasive sanctions.
Introduction and Legislative framework
The Competition Act No. 89 of 1998 (Act) came into effect on 1
September 1999 and has been amended in terms of the Amendment Act
of 2009 and the Amendment Act of 2018. The 2018 amendments have
largely been brought into effect. However, there are a few
amendments that are not yet operational, most notably, the national security provisions that contemplate a
separate, parallel notification process for transactions involving
foreign acquiring firms.
The Act applies to all economic activity within, or having an
effect within, South Africa. It regulates mergers, restrictive
vertical and horizontal practices, dominant firm conduct and market
inquiries. The enforcement agencies are the Competition Commission
The HCA has a dual role in Hungary, it is the competition enforcer, but it also has consumer protection powers. The market study is relevant in both areas.
On February 4, 2021, the Federal Trade Commission and the Antitrust Division of the U.S. Department of Justice jointly announced that both agencies would review the processes and procedures.
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President Andres Manuel López Obrador has sent to the
House of Representatives a preferential bill to reform the
Electricity Industry Law, which Congress will be required to
discuss in the next 60 days.
Main Topics of the Bill Include:
Modification of the Dispatch Rules
The bill will change the dispatch rules under which electricity
will be fed to the power system in the following order: First - The hydroelectric power plants owned by the
Mexican Federal Electricity Commission
(
CFE or
Second - The nuclear, geothermal, combined cycle and