Web17 okt. 2024 · The maximum fine for violations of regulations on unfair competition is VND 2,000,000,000. 4. The maximum fine for other acts of violating the provisions of this Law … WebThe Competition Law applies to business organizations, individuals and enterprises producing or supplying products or services in the public interest, enterprises operating …
Long-Awaited Vietnam Competition Commission Begins to Take …
Web11 apr. 2024 · HÀ NỘI — Imposing a floor fare for domestic airline tickets would undermine competition in the aviation industry and affect the recovery of the air transport market, insiders have warned. Mixed opinions arose around a recent proposal about imposing floor airfares for domestic flights, which would be included in the Law on Price. Web10 mrt. 2024 · Pursuant to Article 4 of the Law on Competition in 2024 (takes effect from 01/7/2024) stipulating regulations on application of the law on competition in Vietnam … food rich in vitamin c 11
Impact of Vietnam’s new Competition Law on mergers
WebVietnam competition law is governed by a law that came into force in 2005. This law recognises freedom of trade and prohibits anti-competitive practices. These rules … Vietnam recently released Decree 35/2024/ND-CP, providing guidance on the Law on Competition, which went into effect in July 2024. The Decree gives guidance on specific thresholds for merger notifications, anti-competition agreements, and market dominance among others. Decree 35 took effect … Meer weergeven The Decree particularly provides clarification on mergers and acquisitions (M&A). As per the Law on Competition, a merger is defined as the transfer by one or more … Meer weergeven Decree 35, gives a clear definition of the ‘control or influencing’ part of the organization involved in the M&A. We highlight them below: 1. The acquiring company … Meer weergeven Decree 35 also clarifies certain conditions where an anti-competitive agreement would not be considered: 1. For businesses in the same relevant market – the combined market share of the enterprises … Meer weergeven After submitting a notification to the NCC, within 30 days the NCC will issue the results of the preliminary appraisal notifying that … Meer weergeven Web11 apr. 2024 · Regarding worries over unhealthy competition, if floor prices were not set, Thoả said there was the Law on Competition to regulate this issue. Economic expert … food rich in vitamin c 10