The Cypriot Parliament enacts a new competition framework that enhances the Competition Authority's regulatory powers and transposes the ECN+ Directive into national legislation

Iacovou, Ifigenia; Antoniou, Anastasios A.

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23 Feb 2022

The Cypriot Parliament enacts a new competition framework that enhances the Competition Authority’s regulatory powers and transposes the ECN+ Directive into national legislation

KEYWORDS

Reference

Cypriot Parliament, The protection of competition law of Cyprus 2021, National Legislation, 23 February 2022 (Greek)

Cyprus has enacted a new competition framework, which introduces additional powers for the Cyprus Commission for the Protection of Competition (the CPC). The new legislation consolidates previous statutes regulating collusive conduct, abuses of dominance and abuses of relationships of economic dependence. The new legislation enhances the safeguards of the CPC’s independence and competence, as it transposes Directive (EU) 2019/1 into Cyprus law (Directive (EU) 2019/1 of the European Parliament and of the Council of 11 December 2018 to empower the competition authorities of the Member States to be more effective enforcers and to ensure the proper functioning of the internal market). We set out below some of the key

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Authors

Ifigenia Iacovou
Antoniou McCollum & Co. (Nicosia)

Cyprus 1 contribution 291 visits
Anastasios A. Antoniou
Antoniou McCollum & Co. (Nicosia)

Cyprus 15 contributions 16758 visits

Quotation

Ifigenia Iacovou, Anastasios A. Antoniou, The Cypriot Parliament enacts a new competition framework that enhances the Competition Authority’s regulatory powers and transposes the ECN+ Directive into national legislation, 23 February 2022, e-Competitions Collective dominance, Art. N° 105881

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