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C. Channel Islands Competition and Regulatory Authorities; Comisión Federal de Competencia Económica; Comisión Nacional de los Mercados y la Competencia
Regulatory competition, also called competitive governance or policy competition, is a phenomenon in law, economics and politics concerning the desire of lawmakers to compete with one another in the kinds of law offered in order to attract businesses or other actors to operate in their jurisdiction. Regulatory competition depends upon the ...
In 2017, AdC ruled to fine the Portugal's largest company, the utility EDP Group, 28.7 million euros ($31.54 million) and retailer Sonae 9.6 million euros for an illegal non-competition pact between their subsidiaries; under a 2012 agreement, Sonae had committed itself to not competing against EDP in electricity trading in Portugal for two years.
By 2008, 111 countries had enacted competition laws, which is more than 50 percent of countries with a population exceeding 80,000 people. 81 of the 111 countries had adopted their competition laws in the past 20 years, signaling the spread of competition law following the collapse of the Soviet Union and the expansion of the European Union. [43]
The Competition and Markets Authority (CMA) is the principal competition regulator in the United Kingdom. It is a non-ministerial government department in the United Kingdom, responsible for promoting competitive markets and tackling unfair behaviour. [ 4 ]
The seat of the AGCM, Rome. The Italian Competition Authority (Italian: Autorità Garante della Concorrenza e del Mercato, AGCM) is the competition regulator in Italy. It is an Italian quasi-autonomous non-governmental organization established on the basis of Law №287 of 10 October 1990.
A regulatory agency (regulatory body, regulator) or independent agency (independent regulatory agency) is a government authority that is responsible for exercising autonomous jurisdiction over some area of human activity in a licensing and regulating capacity.
The Comisión Nacional de los Mercados y la Competencia (English: National Commission on Markets and Competition), abbreviated as CNMC, is a Spanish independent competition regulator responsible for enforcing competition law. It was established by virtue of the Spanish Competition Act (Ley de Defensa de la Competencia or LDC, the competition ...