The Cypriot Parliament passes new competition legislation

The Protection of Competition Law 13(I) of 2008 [1] was published in the Official Gazette of the Republic of Cyprus on April 18, 2008, date upon which it entered into force. It repeals all previous relevant Laws, namely Laws 207/1989, 111/1999, 87(I)/2000 and 155(I)/2000, thus becoming the main legal instrument providing for the protection of competition on a national level as regards anticompetitive practices and abuse of a dominant position. Law 13(I)/2008 aligns the domestic competition law regime with the respective Community Law provisions to a further extent than preceding legislation. Specifically, section 3 of the Law is identical to the wording of Article 81(1) EC [2], as regards the prohibition of "agreements between undertakings, decisions by associations of undertakings

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Anastasios A. Antoniou, The Cypriot Parliament passes new competition legislation, 18 April 2008, e-Competitions April 2008, Art. N° 20067

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