Fair Competition definition

Fair Competition means any act of competition that is based on honest practices in industrial or commercial matters and includes various acts that do not mislead the public or cause confusion;
Fair Competition. The BAO shall ensure that all contracts, agreements or understandings are consistent with competition law.
Fair Competition. The CAO shall ensure that all contracts, agreements or understandings are consistent with competition law.

Examples of Fair Competition in a sentence

  • The Purchaser undertakes to observe and to implement within its group principles of good business practices equivalent to those described in the Fair Competition Charter of the Legrand Group especially concerning prohibited vertical agreements, abuse of market power or exchanging of privileged information with competitors.

  • International Anti-Bribery and Fair Competition Act of 1998, Pub.

  • Zywicki, Payday Lending, Bank Overdraft Protection, and Fair Competition at the Consumer Financial Protection Bureau, 33 REV.

  • Fair Competition PWO expects that its business partners act fairly in competition and observe the applicable legal regulations of anti-trust and competition law.

  • Chow’s speech on “Chinese Economy” and legal training on “Inter-Company’s Fair Competition – Analysis of the Company Law and the Fair Trade Act between the Affiliates”, etc.


More Definitions of Fair Competition

Fair Competition. The HCRA shall ensure that all contracts, agreements or understandings are consistent with competition law. • Financial Independence: The HCRA will only deliver non-regulatory business services that enhance consumer protection and generate revenues generally to the benefit – and never to the detriment – of its regulatory responsibilities. The HCRA will ensure independent financial reporting of non-regulatory business services.
Fair Competition. The Administrative Authority shall ensure that all contracts, agreements or understandings are consistent with competition law.
Fair Competition. The CMRAO shall ensure that all contracts, agreements or understandings are consistent with competition law. • Financial Independence: The CMRAO will only deliver non-regulatory business services that enhance consumer protection and generate revenues generally to the benefit – and never to the detriment – of its regulatory responsibilities. The CMRAO will ensure independent financial reporting of non-regulatory business services.
Fair Competition. The Corporation will ensure that all contracts, agreements or understandings are consistent with competition law.
Fair Competition all procurement procedures conducted by the Fund and the award of contracts will be based on fair competition and the best value for money, any conflict of interest should be avoided throughout the entire procurement procedure. • Equal treatment and non-discrimination: if multiple parties have expressed an interest via a tender procedure, the Fund shall be treated equally in the procurement procedure and shall be evaluated against objective criteria which have been set out beforehand and which are relevant to the contract in question.
Fair Competition means is not a term with a distinct definition but will have different meanings to different parties. It is here referred to as an environment in which competing providers have an opportunity to participate in the market place under conditions that are not unduly distorted by other competing providers possessing significant market power. The interpretation of the concept of fair competition is important for example in situations where one provider requires access to facilities owned or controlled by another provider, who is also a competitor. The conditions for access to the facilities should then be “fair” to both competitors, i.e. implying that the compensation should not unduly discriminate any of the parties.
Fair Competition means that firms sell products that consumers want at a price they can afford. In contrast, limited competition means that firms hold the balance of power and can dictate terms to consumers. See the discussion here: https:// www.competitionbureau.gc.ca/eic/site/cb-bc.nsf/eng/04568.html.