Economics Committee: efforts to instruct competition law and antitrust
13/07/2013 12:00 AM
I promised a turning point toward a market economy
Baghdad, Omar Abdel-Latif demanded economic and investment commission in the House of Representatives need to speed up the issuing instructions on the Law of competition and prevent monopoly by the authorities concerned after the legislation in 2010 because of the benefits of positive benefit to the citizen. As the Committee considered This law makes the economy of the country is going in the right foundations are far from the greed of some traders and their monopoly, noted that this law has not been applied to practice. aims of competition law and antitrust No. 14 for the year 2010 to ensure free competition and prevent monopoly in the market for this measure importance in creating an incentive to reduce the cost, price and improve the quality of goods and services leads to encourage the private sectors and mixed public and developed in support of the national economy and good flow of goods and services. considered Committee member Hussein المرعبي on the mass virtue of this law of important laws that are trying to create a state of balance in the Iraqi market At the same time ensure stability in the curriculum and the march of the Iraqi economy to a market economy. added المرعبي in an interview for "Center Brief for the Iraqi Media Network," This law makes the economy of the country is going in the right foundations are far from the greed of some traders and their monopoly of some goods and materials that would burden the citizens, adding that he should organize these things, the law ensures that we got to the negative results with openness to the market economy, a lot of interventions and circumstances. promised المرعبي enactment of this Act more than is necessary, pointing to the importance of the adoption of the basis of fair competition and fair far from greed in our transformation to a market economy that needs restraint and تقنينا and foundations are correct and aims to comfort the citizen and اسعاده and do no harm to it. prohibits the text of the law in Article IX him any merger between two or more companies and any business practice restricted if a company or group of companies incorporated or linked with each controlled 50 percent or more of total production of particular good or service, or if it controlled 50 percent or more of total sales of particular good or service. prohibited in Article X of it any practices or agreements, written or oral constitute a breach of the competition and is aimed at pricing of goods, services, or conditions of sale and cash equivalents, and determine the amount of goods or performance of services, and the sharing of markets on the basis of geographical areas or quantities of sales or purchases or customers, or on any other basis adversely affect competition and prevent monopoly, act or behavior leading to obstruction institutions to enter the market or exclusion from, or exposed to heavy losses, including the sale of loss, and seek to monopolize certain materials necessary for the exercise of a competitor to operate or buy a particular good or service to the extent that lead to the lifting of the price in the market or to prevent falling. It also prohibits in Article 11 thereof on any point of re-selling product on the condition at a lower price than the price of buying real plus taxes and fees imposed on the product and the cost of transport to be found if the goal of that breach competition legitimate, and are intended purchase price real: Price installer in the list of purchase After downloading discounts set forth therein. As a member of the Committee Abdul-Abbas Xiaa Saadi coalition of state law was among that this law, legislators from the House of Representatives in 2010, but its instructions were delayed in addition to the activation of this law and its application has not been on the practice. said Saadi In an interview for "Center Brief for the Iraqi Media Network," "We desperately need to apply this law by the legislator or the beneficiary, as it is one of the supplementary laws of the modern economy." between al-Saadi said the transition to a market economy needs to be a package of laws and that most of them began, warning that those laws is to complete the procedures for the instructions to apply the law through the formation of committees established by law and if the dish will reflect positively on the economy and provides jobs and will move and activates the private sector. As a member of the Committee Amer winner for the National Alliance has hinted that the competition in all metrics business always be in favor of the consumer in terms of price, quality and quality. between in an interview for "Center Brief for the Iraqi Media Network," that in the case to issue special instructions to encourage competition and prevent monopoly, the products will be provided to the citizen at competitive prices and is characterized by quality, pointing out that each product is trying to compete with the product Another quality. winner stressed that the parliamentary economic committee are encouraged to get such a dishonest competition and issuing laws instructions for the consumer and service. | |
No comments:
Post a Comment