Page 436 - Regional Comprehensive Economic Partnership (RCEP)
P. 436

Article  13.3:  Appropriate  Measures  against  Anti-Competitive
                                 1
                       Activities

                       1.     Each  Party  shall  adopt  or  maintain  competition  laws  and
                                                                                     2
                              regulations  to  proscribe  anti-competitive  activities ,  and  shall
                              enforce those laws and regulations accordingly.

                       2.     Each Party shall establish or maintain an authority or authorities
                              to effectively implement its competition laws and regulations.

                       3.     Each Party shall ensure independence in decision making by its
                              authority  or  authorities  in  relation  to  the  enforcement  of  its
                              competition laws and regulations.

                       4.     Each  Party  shall  apply  and  enforce  its  competition  laws  and
                              regulations in a manner that does not discriminate on the basis of
                              nationality.

                       5.     Each Party shall apply its competition laws and regulations to all
                              entities  engaged  in  commercial  activities,  regardless  of  their
                              ownership.  Any exclusion or exemption from the application of
                              each  Party’s  competition  laws  and  regulations,  shall  be
                              transparent  and  based  on  grounds  of  public  policy  or  public
                              interest.

                       6.     Each Party shall make publicly available its competition laws and
                              regulations,  and  any  guidelines  issued  in  relation  to  the




                       1  This Article is subject to:

                              (a)    Annex 13A (Application of Article 13.3 (Appropriate Measures against
                                     Anti-Competitive Activities) and Article 13.4 (Cooperation) to Brunei
                                     Darussalam);

                              (b)    Annex 13B (Application of Article 13.3 (Appropriate Measures against
                                     Anti-Competitive  Activities)  and  Article  13.4  (Cooperation)  to
                                     Cambodia);

                              (c)    Annex 13C (Application of Article 13.3 (Appropriate Measures against
                                     Anti-Competitive  Activities)  and  Article  13.4  (Cooperation)  to  Lao
                                     PDR); and

                              (d)    Annex 13D (Application of Article 13.3 (Appropriate Measures against
                                     Anti-Competitive  Activities)  and  Article  13.4  (Cooperation)  to
                                     Myanmar).

                       2  Examples may include anti-competitive agreements, abuses of a dominant position,
                       and anti-competitive mergers and acquisitions.




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