Source: http://www.bulr.com/legal-updates/law-protection-competition-moldova.html
Timestamp: 2018-08-16 04:49:25
Document Index: 73981921

Matched Legal Cases: ['art. 10', 'art. 20', 'Art. 22', 'art. 54', 'art. 67', 'art. 67', 'art. 67', 'art. 67', 'Art. 41']

Protection, Preservation and Promotion of Competition in Moldovan Business
Competition Law No. 183 is intended to regulate relations related to the protection, preservation and promotion of competition to promote the interests of consumers.
In accordance with art. 10 of the Law No. 183 are considered that one or more companies in the relevant market dominate in a situation where their rate or combined share in the relevant market, during the period under review, more than 50 percent.
Also Law No. 183, in Chapter IV introduces the concept of economic concentration.
In accordance with art. 20, economic concentrations take place if the amendment for an extended period of control occurs as a result:
a. a merger of two or more previously independent undertakings or parts of previously independent companies;
b. acquisition by one or more persons already controlling at least one undertaking, or by one or more companies by purchasing securities (shares) or assets, by contract or otherwise, direct control or indirectly to one or more undertakings or parts thereof, including by establishing a joint venture, which made for a long time, all the functions of an independent economic entity.
Also, in accordance with Art. 22 of the Law No. 183, economic concentrations will be assessed and reported to the Competition Council before implementation, when the total turnover of the undertakings concerned in the preceding year exceeds 25 million MDL, and there are at least two companies involved in the transaction, the total turnover realized in Republic of Moldova for operations of last year 10 million MDL, each separately.
The consultant draws the attention that the Law in art. 54 establishes the right to request information in writing to the Competition Council, specifying the legal basis and purpose of the request, requested information, a reasonable time in which information should be provided and indicate the legal sanctions for failure to provide information or providing information inaccurate, incomplete or misleading.
Businesses and business associations cannot be compelled to admit that they have committed a violation, but they are required to answer factual questions and to provide documents and information, even if the documents and information may be used against them or another company to establish a violation.
Obligation to provide the information requested on behalf of the enterprises or association of enterprises is owned by the owners or representatives of commercial enterprises or associations of enterprises, and in case of legal persons and companies and associations which do not have legal status - persons authorized to represent them by law or by statute.
Also, in accordance with its obligations Competition Council has the right to interview any physical or legal person, with his consent, in order to obtain information about the investigation.
If the Competition Council employees want to interview people, before the interview they must indicate the legal basis (the order of initiation of the investigation the Competition Council) and to study its intention to monitor and record a person's right to refuse the interview.
In accordance with the art. 67 and 68 of the Law No. 183 of exemption from Criminal Code penalties are established for violations of substantive and procedural rules of competition law and determined in accordance with the Law No. 183.
a) low gravity acts: the basic level is determined in the amount of up to 0.15 percent of total turnover in accordance with art. 67;
b) moderate acts: the basic level is determined at the rate of 0.15 to 0.25 percent of total turnover in accordance with art. 67;
c) serious acts: the basic level is determined at the rate of 0.25 to 0.45 percent of total turnover in accordance with art. 67.
Decisions, regulations and orders of the Competition Council may be appealed in accordance with Art. 41 of the Law No. 183, within 30 calendar days of receipt directly to the competent administrative court.
In Russian | In the state language
Parliament Act on Competition Legislation No. 183 as of 11.07.2012, published in Monitorul Oficial 193-197/667 as of 14.09.2012.
Law enters into force after publication, except provisions regarding the approval of the company obligations which take effect as of 01.01.2015.
Since its entry into force shall be deemed null:
Law on limitation of monopolistic activity and competition development No. 906 as of 01/29/1992
Competition Law defense No. 1103 of 30.07.2000.