Competition Policy. 1. The Parties shall xxxxxx fair competition in economic activities by fully enforcing their competition laws and regulations. 2. In pursuit of the goal of paragraph 1 of this Article and in accordance with the Agreement between the Government of the Republic of Korea and the European Community concerning cooperation on anti-competitive activities, the Parties shall undertake to cooperate in: a) recognising the importance of competition law and competition authorities and striving to proactively enforce the law in order to create an environment for fair competition; b) sharing information and enhancing cooperation between competition authorities.
Appears in 7 contracts
Samples: Framework Agreement, Framework Agreement, Framework Agreement
Competition Policy. 1. The Parties shall xxxxxx fair competition in economic activities by fully enforcing their competition laws and regulationsregu lations.
2. In pursuit of the goal of paragraph 1 of this Article and in accordance with the Agreement between the Government of the Republic of Korea and the European Community concerning cooperation on anti-competitive activities, the Parties shall undertake to cooperate in:
(a) recognising the importance of competition law and competition authorities and striving to proactively enforce the law in order to create an environment for fair competition;
(b) sharing information and enhancing cooperation between competition authorities.
Appears in 1 contract
Samples: Framework Agreement