Italian Competition Authority: Difference between revisions
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The '''''Autorità Garante della Concorrenza e del Mercato''''' ({{lang-en|Antitrust Authority}}), also known under the abbreviation '''''AGCM''''', is an [[Italy|Italian]] [[Quango|quasi-autonomous non-governmental organization]] established on the basis of Law no 287 of 10 October 1990<ref>[http://www.agcm.it/AGCM_ENG/NORMATIV/E_NORMNA.NSF/b50758bf27025fecc125653d00467db4?OpenView Law no. 287 of October 10th, 1990 (The Competition and Fair Trading Act)]</ref> |
The '''''Autorità Garante della Concorrenza e del Mercato''''' ({{lang-en|Antitrust Authority}}), also known under the abbreviation '''''AGCM''''', is an [[Italy|Italian]] [[Quango|quasi-autonomous non-governmental organization]] established on the basis of Law no 287 of 10 October 1990,<ref>[http://www.agcm.it/AGCM_ENG/NORMATIV/E_NORMNA.NSF/b50758bf27025fecc125653d00467db4?OpenView Law no. 287 of October 10th, 1990 (The Competition and Fair Trading Act)]</ref> 100 years after the ''[[Sherman Antitrust Act]]''. |
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As the Italian [[competition regulator]] the Authority has the task of enforcing both Italian and European [[consumer protection]] laws. |
As the Italian [[competition regulator]] the Authority has the task of enforcing both Italian and European [[consumer protection]] laws. |
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*[http://www.radioradicale.it/organizzatori/autorita-garante-per-la-concorrenza-e-il-mercato ''AGCM'' commission hearings] are available on [[Radio Radicale]] website (in Italian). |
*[http://www.radioradicale.it/organizzatori/autorita-garante-per-la-concorrenza-e-il-mercato ''AGCM'' commission hearings] are available on [[Radio Radicale]] website (in Italian). |
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{{DEFAULTSORT:Autorita Garante della Concorrenza e del Mercato}} |
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[[Category:Government agencies established in 1990]] |
[[Category:Government agencies established in 1990]] |
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[[Category:Competition regulators]] |
[[Category:Competition regulators]] |
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[[Category:Government of Italy]] |
[[Category:Government of Italy]] |
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[[de:Wettbewerbsbehörde (Italien)]] |
[[de:Wettbewerbsbehörde (Italien)]] |
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Revision as of 23:24, 8 January 2013
The Autorità Garante della Concorrenza e del Mercato (Template:Lang-en), also known under the abbreviation AGCM, is an Italian quasi-autonomous non-governmental organization established on the basis of Law no 287 of 10 October 1990,[1] 100 years after the Sherman Antitrust Act.
As the Italian competition regulator the Authority has the task of enforcing both Italian and European consumer protection laws.
An annual report is presented to the President of the Council of Ministers of Italy.
Duties
The main duties of the authority are:
- Vigilance against abuses from market dominance.
- Vigilance against cartels that may prejudice or restrict fair competition (Anti-competitive practices).
- Vigilance on takeovers to check concentration ratio and verify market impact.
- Consumer protection, against unfair trade practices and false advertising.
- Supervise and penalize the cases of conflict of interest regarding members of Government of Italy.
Powers
The Authority in such cases may conduct investigations or hearings, even with the Guardia di Finanza at his disposal, which may result in a warning or an administrative penalty.
References
External links
- AGCM Official Website
- AGCM commission hearings are available on Radio Radicale website (in Italian).
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