Competition regulator explained

A competition regulator is the institution that oversees the functioning of markets. It identifies and corrects practices causing market impediments and distortions through competition law (also known as antitrust law).[1] In general it is a government agency, typically a statutory authority, sometimes called an economic regulator, that regulates and enforces competition laws and may sometimes also enforce consumer protection laws. In addition to such agencies, there is often another body responsible for formulating competition policy.

Many nations implement competition laws, and there is general agreement on acceptable standards of behaviour. The degree to which countries enforce their competition policy varies substantially.

Competition regulators may also regulate certain aspects of mergers and acquisitions and business alliances and regulate or prohibit cartels and monopolies. Other government agencies may have responsibilities in relation to aspects of competition law that affect companies (e.g., the registrar of companies).

Regulators may form supranational or international alliances like the ECN (European Competition Network), the ICN (International Competition Network), and the OECD (Organisation for Economic Co-operation and Development).

List of trade blocs and multinational regulators

FlagTrade blocRegulating organizationECAICNOECDWebsiteLanguage
Communidad Andina (Andean Community of Nations)https://web.archive.org/web/20080509144032/http://www.comunidadandina.org/endex.htmSpanish
European Union /European Economic AreaEuropean CommissionDirectorate-General for Competitionhttps://web.archive.org/web/20081204085802/http://ec.europa.eu/comm/competition/index_en.htmlSee: Official languages of the European Union
European Economic Area

Iceland, Norway, Liechtenstein (EFTA members)

EFTA Surveillance Authorityhttp://www.eftasurv.int/English

List of national regulators

FlagCountryNameECAICNOECDWebsiteLanguage
AlbaniaCompetition Authorityhttps://web.archive.org/web/20080623215359/http://www.caa.gov.al/default.asp?l=1Albanian, English
AlgeriaThe Algerian National Competition Councilhttp://www.conseil-concurrence.dzArabic, French
Comision Nacional de Defensa de la Competenciahttps://web.archive.org/web/20060118155047/http://www.mecon.gov.ar/cndc/home.htmSpanish
State Commission for the Protection of Economic Competition of Armeniahttp://competition.am/en/Armenian, English
AustraliaAustralian Competition & Consumer Commissionhttps://web.archive.org/web/20120115065657/http://www.accc.gov.au/content/index.phtml/itemId/142 http://www.ncc.gov.au/English
AustriaWettbewerbsbehörde im BMwAhttps://web.archive.org/web/20060102100448/http://www.bwb.gv.at/BWB/English/default.htmGerman, English
BarbadosFair Trading Commissionhttps://www.ftc.gov.bbEnglish
BelgiumRaad voor de Mededinging/Conseil de la concurrencehttps://www.abc-bma.be/frFrench/Dutch
BrazilAdministrative Council for Economic Defensehttp://www.cade.gov.br/Portuguese
BulgariaCommission for Protection of Competitionhttps://www.cpc.bg/en/homepage Bulgarian/English
CanadaCompetition Bureau/Bureau de la concurrencehttp://www.competitionbureau.gc.ca/eic/site/cb-bc.nsf/eng/home, http://www.bureaudelaconcurrence.gc.ca/eic/site/cb-bc.nsf/fra/AccueilEnglish/French
ChileTribunal de Defensa de la Libre Competencia -National Economic Prosecutor's Officehttp://www.tdlc.cl/Spanish
ChinaState Administration for Market Regulationhttp://www.samr.gov.cn/fldj/Chinese
ColombiaSuperintendency of Industry and Commercehttp://www.sic.gov.co Spanish
CroatiaCroatian Competition Agencyhttp://www.aztn.hr/en/Croatian, English
CuraçaoFair Trade Authority CuraçaoX[@]|English, Dutch, Papiamentu|-|style="background:silver"||Cyprus|Commission for the Protection of Competition||||http://www.competition.gov.cy/competition/competition.nsf/index_en/index_en?opendocument|Greek, English|-|style="background:silver"||Czech Republic|Office for the Protection of Competition||||https://web.archive.org/web/20060115150207/http://www.compet.cz/EngVer.htm|Czech, English|-|style="background:silver"||Denmark|Konkurrencestyrelsen||||https://web.archive.org/web/20060205031022/http://www.ks.dk/english/|Danish, English|-|style="background:silver"||El Salvador |Superintendencia de Competencia|||| http://www.sc.gob.sv/|Spanish|-|style="background:silver"||Estonia|Konkurentsiamet (Estonian Competition Authority)||||https://www.konkurentsiamet.ee/en|Estonian, English|-|style="background:silver"||Finland|Finnish Competition and Consumer Authority (Kilpailuvirasto)||||http://www.kilpailuvirasto.fi/cgi-bin/english.cgi?|Finnish, English|-|style="background:silver"||France|Autorité de la concurrence||||http://www.autoritedelaconcurrence.fr/user/standard.php?id_rub=79|French|-|style="background:silver"||Georgia|Competition Agency| || |http://competition.ge/ge/page2.php?p=1&m=7|Georgian, English|-|style="background:silver"||Germany|Bundeskartellamt||||https://web.archive.org/web/20070629173140/http://www.bundeskartellamt.de/wEnglisch/index.php|German|-|style="background:silver"||Greece|Hellenic Competition Commission||||https://web.archive.org/web/20060130142512/http://www.epant.gr/Page1_eng.htm|Greek, English|-|style="background:silver"||Hong Kong|Competition Commission||||https://www.compcomm.hk/index.html|Cantonese/English|-|style="background:silver"||Hungary|Office of Economic Competition (Gazdasági Versenyhivatal)||||https://web.archive.org/web/20051224064421/http://www.gvh.hu/index.php?l=e&m=1&id=78|Hungarian, English|-|style="background:silver"||India|Competition Commission of India||||http://www.cci.gov.in/|English|-|style="background:silver"||Indonesia|Commission for Supervision of Business Competition, (Komisi Pengawas Persaingan Usaha),||||http://www.kppu.go.id/|Indonesian, English|-|style="background:silver"||Ireland|Competition and Consumer Protection Commission||||http://www.tca.ie/|English, Irish|-|style="background:silver"||Iceland|Icelandic Competition Authority||||https://web.archive.org/web/20050307134808/http://www.samkeppni.is/english/ensksida.htm|Icelandic, English|-|style="background:silver"||Iran|National Iranian Competition Center (NICC)||||https://www.nicc.gov.ir/|Persian|-|style="background:silver"||Israel|Israel Anti-trust Authority||||http://www.antitrust.gov.il/eng|Hebrew, English|-|style="background:silver"||Italy|Autorità Garante della Concorrenza e del Mercato (AGCM)||||https://web.archive.org/web/20060208121334/http://www.agcm.it/eng/index.htm|Italian, English|-|style="background:silver"||Japan|Japan Fair Trade Commission (JFTC)||||https://web.archive.org/web/20060131011006/http://www.jftc.go.jp/e-page/index.html|Japanese, English|-|style="background:silver"||Jersey|Jersey Competition Regulatory Authority (JCRA)||||https://web.archive.org/web/20070109024004/http://www.jcra.je/|English|-|-|style="background:silver"||Jordan|Competition Directorate at the Ministry of Industry and Trade||||https://web.archive.org/web/20140319174747/http://www.mit.gov.jo/tabid/36/default.aspx|Arabic, English|-|style="background:silver"||Kazakhstan|Agency of the Republic of Kazakhstan for Regulation of Natural Monopolies and Agency of the Republic of Kazakhstan for Competition Protection (Antimonopoly Agency)||||http://www.regulator.kz/?lng=eng http://www.azkrk.kz/eng/|Kazakh, English|-|style="background:silver"||Kenya|Monopolies and Prices Commission of Kenya||||https://web.archive.org/web/20060111011306/http://www.treasury.go.ke/monopolies.html|English|-|style="background:silver"||Kosovo| Kosovo Competition Commission||||http://ak.rks-gov.net/?cid=2,1|English, Albanian, Serbian|-|style="background:silver"||Latvia|Competition Council of Latvia (Konkurences padome)||||https://www.kp.gov.lv/en|Latvian, English|-|style="background:silver"||Liechtenstein|Office of National Economy (Amt für Volkswirtschaft)||||https://web.archive.org/web/20051225182650/http://www.avw.llv.li/|German|-|style="background:silver"||Lithuania|Competition Council (Konkurencijos taryba)||||https://www.kt.gov.lt/en/ |Lithuanian, English|-|style="background:silver"||Luxembourg|Conseil de la concurrence - Inspection de la Concurrence||||http://www.concurrence.public.lu/|French|-|style="background:silver"||Malaysia|Malaysia Competition Commission||||https://web.archive.org/web/20111127155827/http://www.mycc.gov.my/Web/Home.aspx|English|-|style="background:silver"||Malta|Malta Competition and Consumer Affairs Authority||||https://www.mccaa.org.mt/|English|-|style="background:silver"||Mexico|Mexican Federal Competition Commission||||https://web.archive.org/web/20050810234551/http://www.cfc.gob.mx/ing_inicio.asp|Spanish, English|-|style="background:silver"||Republic of Moldova|Consiliul Concurenței (Competition Council)||||https://web.archive.org/web/20180908142741/https://competition.md/|Romanian, English|-|style="background:silver"||Netherlands|Autoriteit Consument & Markt||||https://web.archive.org/web/20060806140405/http://www.nmanet.nl/engels/home/Index.asp|Dutch, English|-|style="background:silver"||New Zealand| and New Zealand Commerce Commission||||https://comcom.govt.nz/|English, Māori|-|style="background:silver"||Nigeria|Federal Competition and Consumer Protection Commission||||http://fccpc.gov.ng/|English|-|style="background:silver"||North Macedonia| Commission for Protection of Competition (Комисијата за заштита на конкуренцијата)||||https://web.archive.org/web/20120704130052/http://www.kzk.gov.mk/eng/index.asp|Macedonian, English|-|style="background:silver"||Norway|Konkurransetilsynet||||https://web.archive.org/web/20051118185017/http://www.konkurransetilsynet.no/internett/index.asp?LanguageCode=9|Norwegian, English|-|style="background:silver"||Pakistan|Competition Commission of Pakistan||||http://www.cc.gov.pk|Urdu|-|style="background:silver"||Peru|Free Competition Commission||||http://www.indecopi.gob.pe|Spanish|-|style="background:silver"||Philippines|Philippine Competition Commission||||http://www.phcc.gov.ph|English|-|style="background:silver"||Poland|Office for Competition and Consumer Protection (Urząd Ochrony Konkurencji i Konsumentów)||||http://www.uokik.gov.pl/en/|Polish, English|-|style="background:silver"||Portugal|Autoridade da Concorrência||||https://www.concorrencia.pt/en|English, Portuguese|-|style="background:silver"||Romania|Consiliul Concurenței (Competition Council)||||http://www.consiliulconcurentei.ro |Romanian, English|-|style="background:silver"||Russia|Federal Antimonopoly Service of Russia||||http://en.fas.gov.ru/ |Russian, English|-|style="background:silver"||Singapore|Competition and Consumer Commission of Singapore|||| https://web.archive.org/web/20180220102634/https://www.ccs.gov.sg/|English|-|style="background:silver"||Slovakia|Antimonopoly Office||||https://web.archive.org/web/20070923005033/http://www.antimon.gov.sk/eng/|Slovak, English|-|style="background:silver"||Slovenia|Slovenian Competition Protection Agency||||http://www.varstvo-konkurence.si/en/|Slovenian, English|-|style="background:silver"||South Africa|Competition Commission, South African Competition Tribunal||||http://www.compcom.co.za http://www.comptrib.co.za|English|-|style="background:silver"||South Korea|Fair Trade Commission||||http://www.ftc.go.kr/eng/about_kftc/about_us.php|Korean, English|-|style="background:silver"||Spain|Comisión Nacional de la Competencia (CNC) before September 2007 Tribunal de Defensa de la Competencia (TDC)|||| http://www.cncompetencia.es/|Spanish|-|style="background:silver"||Sweden|Konkurrensverket||||https://web.archive.org/web/20060108112718/http://www.kkv.se/eng/eng_index.shtm|Swedish, English|-|style="background:silver"||Switzerland|The Competition Council and Competition Commission (COMCO) ||||https://web.archive.org/web/20051127102241/http://www.weko.admin.ch/index.html?lang=en|German, French, Italian|-|style="background:silver"||Taiwan|Fair Trade Commission||||https://www.ftc.gov.tw/internet/english/index.aspx|Mandarin, English|-|style="background:silver"||Thailand|Trade Competition Commission||||https://www.tcct.or.th/view/1/Home/EN-US|Thai, English|-|style="background:silver"||Turkey|Rekabet Kurumu||||http://www.rekabet.gov.tr/default.aspx?nsw=RFoeH/Ivd6fkgGXy6XiIjA==-SgKWD+pQItw=|Turkish, English|-|style="background:silver"||Ukraine|Anti-Monopoly Committee||||https://amcu.gov.ua/en|Ukrainian, English|-|style="background:silver"||United Kingdom|Competition and Markets Authority||||https://www.gov.uk/government/organisations/competition-and-markets-authority|English|-|style="background:silver"||United States|Federal Trade Commission & United States Department of Justice Antitrust Division||||http://www.ftc.gov http://www.usdoj.gov/atr/|English|-|style="background:silver"||Venezuela|Pro-Competencia||||https://web.archive.org/web/20060112064355/http://www.procompetencia.gov.ve/|Spanish|-|}

See also

External links

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Notes and References

  1. Web site: Competition Law Basics. Competition Commission of India. 6.