Examples of Economic Competition Law in a sentence
Any amendment to the Companies Law, the Israeli Securities Law, the Economic Competition Law or other applicable law adversely affecting the right of the Indemnitee to be indemnified, insured or released pursuant hereto shall be prospective in effect, and shall not affect the Company’s obligation or ability to indemnify or insure the Indemnitee for any act or omission occurring prior to such amendment, unless otherwise provided by applicable law.
The legal causes alleged in the motion are the following: discrimination in violation of the Equal Rights for Persons with Disabilities Act, 1988 and a restrictive arrangement contrary to the Economic Competition Law, 1988.
Name and title of signatory on proposal: Signature Date Print Name of Signatory: *The Offeror hereby undertakes to notify IEC of any change in the above information provided by him.ATTACHMENT _1_ Declaration Regarding the Adherence to Economic Competition Law and Prohibited Tender Collaboration (authorized by an attorney) [This declaration will apply only in regards of bids exceeding 3,000,000 NIS (New Israeli Shekels) (not including options).
The Transactions are subject to merger control approval by the Israeli Competition Authority (“ICA”) in accordance with the Economic Competition Law — 1988.
Any amendment to the Companies Law, the Israeli Securities Law, the Economic Competition Law or other applicable law adversely affecting the right of Indemnitee to be indemnified, insured or released pursuant hereto shall be prospective in effect, and shall not affect the Company’s obligation or ability to indemnify or insure Indemnitee for any act or omission occurring prior to such amendment, unless otherwise provided by applicable law.
In order to comply with the Mexican Federal Economic Competition Law, and in particular Article 87 thereof, it is agreed that completion of the Luxembourg transaction will not have any legal or material effects in the Mexican territory until notification has been made to, and clearance obtained from, the Comisión Federal de Competencia Económica (“COFECE”) for Mexico.
Antitrust Law: the HSR Act, the Xxxxxxx Act of 1914, the Xxxxxxx Antitrust Act of 1890, the Federal Trade Commission Act, the Federal Economic Competition Law (Ley Federal de Competencia Económica) of Mexico and any other United States, Mexican, Belgian or other foreign, supranational, federal or state Laws that are designed to prohibit, restrict or regulate actions having the purpose or effect of monopolization or restraint of trade, including any applicable merger control rules.
The last reform of the Federal Economic Competition Law was on 27 January 2017.
The Federal Economic Competition Law that came into force in 1993 is aimed at protecting economic competition and unrestricted participation in markets by prohibiting monopolies, anti-competitive practices and other restrictions that affect the efficient operation of markets for goods and services.
The Group Companies’ combined sales turnover in Israel (as defined under and calculated in accordance with the Israeli Economic Competition Law, 5748-1988) for the year ended December 31, 2020 did not exceed NIS 360,000,000.