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A competition regulator is the institution that oversees the functioning of the markets. And the Law in which it takes cognizance of situations having any type of impediments and distortions on the markets and correct them is the competition law (also known as anti-trust law).[1] In general it is an 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
Europe European Union /European Economic Area European CommissionDirectorate-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 Albania Competition Authority (Albania)
[4] English
Algeria Algeria The Algerian National Competition Council
[5] Arabic, French
Argentina Argentina Comision Nacional de Defensa de la Competencia
[6] Spanish
Armenia Armenia State Commission for the Protection of Economic Competition of the Republic of Armenia
[7] English
Australia Australia Australian Competition & Consumer Commission
[8] [9] English
Austria Austria Wettbewerbsbehörde im BMwA
[10] English
Belgium Belgium Raad voor de Mededinging/Conseil de la concurrence
[11] French/Dutch
Brazil Brazil Administrative Council for Economic Defense
[12] Portuguese
Bulgaria Bulgaria Commission for Protection of Competition
[13] Bulgarian/English
Canada Canada Competition Bureau/Bureau de la concurrence
[14], [15] English/French
Chile Chile Tribunal de Defensa de la Libre Competencia -National Economic Prosecutor's Office
[16] Spanish
China China State Administration for Market Regulation [17] Chinese
Colombia Colombia Superintendency of Industry and Commerce
[18] Spanish
Croatia Croatia Croatian Competition Agency
[19] English
Curaçao Curaçao Fair Trade Authority Curaçao X [@] English, Dutch, Papiamentu
Cyprus Cyprus Commission for the Protection of Competition
[20] English
Czech Republic Czech Republic Office for the Protection of Competition
[21] English
Denmark Denmark Konkurrencestyrelsen
[22] English
El Salvador El Salvador Superintendencia de Competencia
[23] Spanish
Estonia Estonia konkurentsiamet
[24]
Finland Finland Finnish Competition and Consumer Authority (Kilpailuvirasto)
[25] English
France France Autorité de la concurrence
[26] French
Georgia (country) Georgia Competition Agency
[27] Georgian, English, Russian
Germany Germany Bundeskartellamt
[28] German
Greece Greece Hellenic Competition Commission
[29] English
Hong Kong Hong Kong Competition Commission
[30] Cantonese/English
Hungary Hungary Office of Economic Competition (Gazdasági Versenyhivatal)
[31] English
India India Competition Commission of India
[32] English
Indonesia Indonesia Commission for Supervision of Business Competition, (Komisi Pengawas Persaingan Usaha),
[33] English
Republic of Ireland Ireland Competition and Consumer Protection Commission
[34] English
Iceland Iceland Icelandic Competition Authority
[35] English
Israel Israel Israel Anti-trust Authority
[36] English
Italy Italy Autorità Garante della Concorrenza e del Mercato (AGCM)
[37] English
Japan Japan Japan Fair Trade Commission (JFTC)
[38] English
Jersey Jersey Jersey Competition Regulatory Authority, (JCRA),
[39] English
Jordan Jordan Competition Directorate at the Ministry of Industry and Trade
[40] English
Kazakhstan Kazakhstan Agency of the Republic of Kazakhstan for regulation of natural monopolies and Agency of the Republic of Kazakhstan for Competition Protection (Antimonopoly Agency)
[41] [42] English
Kenya Kenya Monopolies and Prices Commission of Kenya
[43] English
Kosovo Kosovo Kosovo Competition Commission [44] English, Albanian, Serbian
Latvia Latvia Competition Council
[45] English
Liechtenstein Liechtenstein Office of National Economy (Amt für Volkswirtschaft)
[46] German
Lithuania Lithuania Competition Council
[47] English
Luxembourg Luxembourg Conseil de la concurrence - Inspection de la Concurrence
[48] French
Malaysia Malaysia Malaysia Competition Commission
[49] English
Malta Malta
Mexico Mexico Mexican Federal Competition Commission
[50] English
Moldova Republic of Moldova Consiliul Concurenței (Competition Council)
[51] English
Netherlands Netherlands Autoriteit Consument & Markt
[52] English
New Zealand New Zealand Ministry of Commerce: Competition and Enterprise Branch and New Zealand Commerce Commission
[53] English
Nigeria Nigeria Federal Competition and Consumer Protection Commission [54] English
North Macedonia North Macedonia Commission for Protection of Competition [55] English
Norway Norway Konkurransetilsynet
[56] English
Pakistan Pakistan Competition Commission of Pakistan
[57] Urdu
Peru Peru Free Competition Commission
[58] Spanish
Philippines Philippines Philippine Competition Commission [59] English
Poland Poland Office for Competition and Consumer Protection
[60] English
Portugal Portugal Autoridade da Concorrência
[61] English
Romania Romania Consiliul Concurenței (Competition Council)
[62] English
Russia Russia Federal Antimonopoly Service of Russia
[63] English
Singapore Singapore Competition and Consumer Commission of Singapore
[64] English
Slovakia Slovakia Antimonopoly Office
[65] English
Slovenia Slovenia Slovenian Competition Protection Agency
[66] English
South Africa South Africa Competition Commission, South African Competition Tribunal
[67] [68] English
South Korea South Korea Fair Trade Commission
[69] English
Spain Spain Comisión Nacional de la Competencia (CNC) before September 2007 Tribunal de Defensa de la Competencia (TDC)
[70] Spanish
Sweden Sweden Konkurrensverket
[71] English
Switzerland Switzerland The Competition Council en Switzerland Swiss Competition Commission
[72] German, French, Italian
Taiwan Taiwan Fair Trade Commission
[73] English
Turkey Turkey Rekabet Kurumu
[74] English
Ukraine Ukraine Anti-Monopoly Committee
[75] English
United Kingdom United Kingdom Competition and Markets Authority
[76] English
United States United States Federal Trade Commission & United States Department of Justice Antitrust Division
[77] [78] English
Venezuela Venezuela Pro-Competencia
[79] Spanish

See also

References

  1. ^ "Competition Law Basics" (PDF). Competition Commission of India: 6. ((cite journal)): Cite journal requires |journal= (help)