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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). 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
This list is incomplete; you can help by adding missing items. (August 2009) |
Flag | Trade bloc | Regulating organization | ECA | ICN | OECD | Website | Language |
---|---|---|---|---|---|---|---|
Communidad Andina (Andean Community of Nations) | [1] | Spanish | |||||
European Union /European Economic Area | European Commission – Directorate-General for Competition | [2] | See: Official languages of the European Union | ||||
European Economic Area: Iceland, Norway, Liechtenstein (EFTA members) | EFTA Surveillance Authority | [3] | English |
List of national regulators
This list is incomplete; you can help by adding missing items. (August 2008) |
Flag | Country | Name | ECA | ICN | OECD | Website | Language |
---|---|---|---|---|---|---|---|
Albania | Competition Authority | [4] | Albanian, English | ||||
Algeria | [5] | Arabic, French | |||||
Argentina | Comision Nacional de Defensa de la Competencia | [6] | Spanish | ||||
Armenia | [7] | Armenian, English | |||||
Australia | Australian Competition & Consumer Commission | [8] [9] | English | ||||
Austria | [10] | German, English | |||||
Bangladesh | Bangladesh Competition Commission | [11] | Bangla, English | ||||
Barbados | Fair Trading Commission | [12] | English | ||||
Belgium | / | [13] | French/Dutch | ||||
Brazil | Administrative Council for Economic Defense | [14] | Portuguese | ||||
Bulgaria | [15] | Bulgarian/English | |||||
Canada | Competition Bureau/Bureau de la concurrence | [16], [17] | English/French | ||||
Chile | -National Economic Prosecutor's Office | [18] | Spanish | ||||
China | State Administration for Market Regulation | [19] | Chinese | ||||
Colombia | Superintendency of Industry and Commerce | [20] Archived April 22, 2018, at the Wayback Machine | Spanish | ||||
Croatia | [21] | Croatian, English | |||||
Curaçao | Fair Trade Authority Curaçao | X | [@] | English, Dutch, Papiamentu | |||
Cyprus | [22] | Greek, English | |||||
Czech Republic | [23] | Czech, English | |||||
Denmark | [24] | Danish, English | |||||
El Salvador | [25] | Spanish | |||||
Estonia | (Estonian Competition Authority) | [26] | Estonian, English | ||||
Finland | Finnish Competition and Consumer Authority (Kilpailuvirasto) | [27] | Finnish, English | ||||
France | Autorité de la concurrence | [28] | French | ||||
Georgia | [29] | Georgian, English | |||||
Germany | Bundeskartellamt | [30] | German | ||||
Greece | [31] | Greek, English | |||||
Hong Kong | Competition Commission | [32] | Cantonese/English | ||||
Hungary | Office of Economic Competition () | [33] | Hungarian, English | ||||
India | Competition Commission of India | [34] | English | ||||
Indonesia | , (Komisi Pengawas Persaingan Usaha), | [35] | Indonesian, English | ||||
Ireland | Competition and Consumer Protection Commission | [36] | English, Irish | ||||
Iceland | [37] | Icelandic, English | |||||
Iran | [38] | Persian | |||||
Israel | [39] | Hebrew, English | |||||
Italy | Autorità Garante della Concorrenza e del Mercato (AGCM) | [40] | Italian, English | ||||
Japan | Japan Fair Trade Commission (JFTC) | [41] | Japanese, English | ||||
Jersey | Jersey Competition Regulatory Authority (JCRA) | [42] | English | ||||
Jordan | [43] | Arabic, English | |||||
Kazakhstan | Agency of the Republic of Kazakhstan for Regulation of Natural Monopolies and Agency of the Republic of Kazakhstan for Competition Protection (Antimonopoly Agency) | [44] [45] | Kazakh, English | ||||
Kenya | [46] | English | |||||
Kosovo | Kosovo Competition Commission | [47] | English, Albanian, Serbian | ||||
Latvia | (Konkurences padome) | [48] | Latvian, English | ||||
Liechtenstein | (Amt für Volkswirtschaft) | [49] | German | ||||
Lithuania | Competition Council (Konkurencijos taryba) | [50] | Lithuanian, English | ||||
Luxembourg | - | [51] | French | ||||
Malaysia | [52] | English | |||||
Malta | [53] | English | |||||
Mexico | Mexican Federal Competition Commission | [54] | Spanish, English | ||||
Republic of Moldova | (Competition Council) | [55] | Romanian, English | ||||
Netherlands | Autoriteit Consument & Markt | [56] | Dutch, English | ||||
New Zealand | and New Zealand Commerce Commission | [57] | English, Māori | ||||
Nigeria | Federal Competition and Consumer Protection Commission | [58] | English | ||||
North Macedonia | Commission for Protection of Competition (Комисијата за заштита на конкуренцијата) | [59] | Macedonian, English | ||||
Norway | Konkurransetilsynet | [60] | Norwegian, English | ||||
Pakistan | Competition Commission of Pakistan | [61] | Urdu | ||||
Peru | [62] | Spanish | |||||
Philippines | Philippine Competition Commission | [63] | English | ||||
Poland | (Urząd Ochrony Konkurencji i Konsumentów) | [64] | Polish, English | ||||
Portugal | Autoridade da Concorrência | [65] | English, Portuguese | ||||
Romania | (Competition Council) | [66] Archived October 25, 2008, at the Wayback Machine | Romanian, English | ||||
Russia | Federal Antimonopoly Service of Russia | [67] Archived February 10, 2020, at the Wayback Machine | Russian, English | ||||
Singapore | Competition and Consumer Commission of Singapore | [68] | English | ||||
Slovakia | [69] | Slovak, English | |||||
Slovenia | [70] | Slovenian, English | |||||
South Africa | Competition Commission, | [71] [72] | English | ||||
South Korea | Fair Trade Commission | [73] | Korean, English | ||||
Spain | Comisión Nacional de la Competencia (CNC) before September 2007 (TDC) | [74] | Spanish | ||||
Sweden | Konkurrensverket | [75] | Swedish, English | ||||
Switzerland | and Competition Commission (COMCO) | [76] | German, French, Italian | ||||
Taiwan | Fair Trade Commission | [77] | Mandarin, English | ||||
Thailand | Trade Competition Commission | [78] | Thai, English | ||||
Turkey | Rekabet Kurumu | [79] | Turkish, English | ||||
Ukraine | Anti-Monopoly Committee | [80] | Ukrainian, English | ||||
United Kingdom | Competition and Markets Authority | [81] | English | ||||
United States | Federal Trade Commission & United States Department of Justice Antitrust Division | [82] [83] | English | ||||
Venezuela | [84] | Spanish |
See also
- Consumer protection
- Transparency (market)
- Transparency (humanities)
References
- "Competition Law Basics" (PDF). Competition Commission of India. p. 6.
External links
- Federal Trade Commission (July 24, 2013). "Competition & Consumer Protection Authorities Worldwide".
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