Common use of Promotion of Competition Clause in Contracts

Promotion of Competition. by Addressing Anti-competitive Activities Each Party shall, in accordance with its laws and regulations, promote competition by addressing anti- competitive activities, in order to facilitate the efficient functioning of its market. Note: For the purposes of this Chapter, the term “anti-competitive activities” means any conduct or transaction that may be subject to penalties or relief under the competition laws and regulations of either Party.

Appears in 5 contracts

Samples: Economic Partnership Agreement, Economic Partnership Agreement, Economic Partnership Agreement

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