Competition Law

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Currently in most of the developed countries, a functioning market economy.The main condition for its effective functioning - is the freedom of competition.This problem is solved at the state level.

competition - a competition between actors, which prevents the possibility that one of them will unilaterally affect the terms of trade turnover in the relevant market level.

To organizations received the necessary facilities for its functioning, their rights and obligations enshrined in the legal documents.Competition Law is focused on the prevention of monopolistic activity.In addition, it contains items that stop up unfair competition and competition between the opposition on the part of governments and power.

Considered area of ​​economic activity is strictly regulated by law.The most important and the main legal instrument is the Federal Law on Protection of Competition.Fair competition between the actors also need to be discussed in the law on joint stock companies, about entrepreneurship.

Competition Law includes 10 chapters, which are divided into 54 articles.Let's consider the main points of this legal instrument.In the first chapter are indicated the general provisions of the law.That is, it contains the basic concepts (for example, "financial institution", "good" and many others), the definition of the purpose and object of the law.The first chapter also stipulates coordination of actions of organizations and businesses.

Competition Law includes the second chapter, which is aimed at regulating unfair competition and monopolistic activities.In particular, it contains articles, excluding the possibility of abuse of dominant position.Also, the second chapter of the law regulates the admissibility of "vertical" transactions and agreements.

The third chapter contains a ban on the restriction of healthy competition on the part of executive authorities and local self-government.It also sets out requirements for the anti-monopoly request price quotations for products, as well as for sale.The third chapter regulates particular transactions and agreements with various financial institutions.

fifth chapter points out the legal limits of municipal and state preferences.The sixth chapter regulates the powers and functions of the antitrust authorities.The seventh chapter indicates bound state influence on economic concentration arising in the field of competition between actors.

Competition Law comprises eight chapters, is important in this legal instrument.It captures the enforceability of regulations and decisions of the antitrust authorities.The chapter contains the liability for breach of items considered legal instrument and conditions of forced separation organizations.

In the ninth chapter specifies the procedure for consideration of cases involving full or partial violation of antitrust laws.The tenth chapter of the legal document contains the final provisions of the law.It also adjusts the timing of entry into force of the document.

summarize.Act 135 of the Federal Law on Protection of Competition is aimed primarily at preventing monopolistic activities of organizations.His head also regulate the conditions of competition between business entities.In a market economy, this legal instrument is a very important and significant.