The Irish Competition Authority obtains legally binding commitments from a fitness product distributor to cease resale price maintenance (BBS)

1. Legal Background Among the augmentations of Ireland’s competition regime made by recent amendments to the Competition Act 2002 [1] is section 14B. This new section of the Competition Act provides that the Competition Authority, after an investigation of anticompetitive practices by an undertaking [2], may make an agreement with that undertaking whereby the undertaking agrees to cease engaging in anticompetitive practices [3]. In exchange for agreeing to cease these practices, the undertaking avoids further action instigated by the Competition Authority under the Competition Act. Upon application by the Competition Authority to the High Court, these sorts of agreements can be make the subject of an Order of that Court and enforceable as

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  • Queen’s University Belfast

Quotation

Bruce Wardhaugh, The Irish Competition Authority obtains legally binding commitments from a fitness product distributor to cease resale price maintenance (BBS), 18 December 2012, e-Competitions Bulletin Commitment Decisions, Art. N° 51498

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