Rules of Competition Concerning Undertakings. 1. The following are incompatible with the proper functioning of this Agreement in so far as they may affect trade between an EFTA State and Jordan: (a) all agreements between undertakings, decisions by associations of undertakings and concerted practices between undertakings which have as their object or effect the prevention, restriction or distortion of competition; (b) abuse by one or more undertakings of a dominant position in the territories of the Parties as a whole or in a substantial part thereof. 2. The provisions of paragraph 1 shall also apply to the activities of public undertakings, and undertakings for which the Parties grant special or exclusive rights, in so far as the application of these provisions does not obstruct the performance, in law or in fact, of the particular tasks assigned to them. 3. If a Party, within five years after the date of entry into force of this Agreement, considers that a given practice referred to in paragraphs 1 and 2 causes, or threatens to cause, serious prejudice to its interest or material injury to its domestic industry, it may take appropriate measures under the conditions and in accordance with the procedures laid down in Article 25. 4. The Joint Committee shall, taking into account the economic situation of ▇▇▇▇▇▇, decide whether the period referred to in paragraph 3 should be extended for further periods of five years. 5. Without prejudice to paragraph 4, following the expiry of the period set out in paragraph 3, a Party that considers that a given practice is incompatible with the provisions of paragraphs 1 and 2 may take appropriate measures under the conditions and in accordance with the procedures laid down in Article 25.
Appears in 4 contracts
Sources: Agreement Between the Efta States and the Hashemite Kingdom of Jordan, Free Trade Agreement, Agreement Between Efta States and Jordan
Rules of Competition Concerning Undertakings. 1. The following are incompatible with the proper functioning of this Agreement in so far as they may affect trade between an EFTA State and Jordan:
(a) all agreements between undertakings, decisions by associations of undertakings and concerted practices between undertakings which have as their object or effect the prevention, restriction or distortion of competition;
(b) abuse by one or more undertakings of a dominant position in the territories of the Parties as a whole or in a substantial part thereof.
2. The provisions of paragraph 1 shall also apply to the activities of public undertakings, and undertakings for which the Parties grant special or exclusive rights, in so far as the application of these provisions does not obstruct the performance, in law or in fact, of the particular tasks assigned to them.
3. If a Party, within five years after the date of entry into force of this Agreement, considers that a given practice referred to in paragraphs 1 and 2 causes, or threatens to cause, serious prejudice to its interest or material injury to its domestic industry, it may take appropriate measures under the conditions and in accordance with the procedures laid down in Article 25.
4. The Joint Committee shall, taking into account the economic situation of ▇▇▇▇▇▇Jordan, decide whether the period referred to in paragraph 3 should be extended for further periods of five years.
5. Without prejudice to paragraph 4, following the expiry of the period set out in paragraph 3, a Party that considers that a given practice is incompatible with the provisions of paragraphs 1 and 2 may take appropriate measures under the conditions and in accordance with the procedures laid down in Article 25.
Appears in 3 contracts
Sources: Agreement Between the Efta States and the Hashemite Kingdom of Jordan, Agreement Between Efta States and Jordan, Free Trade Agreement
Rules of Competition Concerning Undertakings. 1. The following are incompatible with the proper functioning of this Agreement in so far insofar as they may affect trade between an EFTA State and Jordanthe Parties:
(a) all agreements between undertakings, decisions by associations of undertakings and concerted practices between undertakings which have as their object or effect the prevention, restriction or distortion of competition;
(b) abuse by one or more undertakings of a dominant position in the territories of the Parties as a whole or in a substantial part thereof.
2. The provisions of paragraph 1 of this Article shall also apply to the activities of all undertakings including public undertakings, undertakings and undertakings for to which the Parties grant special or exclusive rights. Undertakings entrusted with the operation of services of general economic interest or having the character of a revenue-producing monopoly, in so far shall be subject to provisions of paragraph 1 of this Article insofar as the application of these provisions does not obstruct the performance, in law or in fact, of the particular public tasks assigned to them.
3. With regard to agricultural products the provisions of paragraph 1 a. of this Article shall not apply to such agreements, decisions and practices which form an integral part of a national market organisation.
4. If a Party, within five years after the date of entry into force of this Agreement, Party considers that a given practice referred to in is incompatible with paragraphs 1 1, 2 and 2 causes, 3 of this Article and if such practice causes or threatens to cause, cause serious prejudice to its the interest of that Party or material injury to its domestic industry, it may take appropriate measures under the conditions and in accordance with the procedures procedure laid down in Article 2526 of this Agreement.
4. The Joint Committee shall, taking into account the economic situation of ▇▇▇▇▇▇, decide whether the period referred to in paragraph 3 should be extended for further periods of five years.
5. Without prejudice to paragraph 4, following the expiry of the period set out in paragraph 3, a Party that considers that a given practice is incompatible with the provisions of paragraphs 1 and 2 may take appropriate measures under the conditions and in accordance with the procedures laid down in Article 25.
Appears in 2 contracts
Sources: Free Trade Agreement, Free Trade Agreement
Rules of Competition Concerning Undertakings. 1. The following are incompatible with the proper functioning of this Agreement in so far as they may affect trade between an EFTA State and Jordanthe Parties:
(a) all agreements between undertakings, decisions by associations of undertakings and concerted practices between undertakings which have as their object or effect the prevention, restriction or distortion of competition;
(b) abuse by one or more undertakings of a dominant position in the territories of the Parties as a whole or in a substantial part thereof.
2. The provisions of paragraph 1 shall also apply to the activities of all undertakings including public undertakings, undertakings and undertakings for to which the Parties grant special or exclusive rights. Undertakings entrusted with the operation of services of general economic interest or having the character of a revenue-producing monopoly, shall be subject to provisions of paragraph 1 in so far as the application of these provisions does not obstruct the performance, in law or in fact, of the particular public tasks assigned to them.
3. With regard to products referred to in Chapter II of this Agreement the provisions stipulated in paragraph 1 (a) shall not apply to such agreements, decisions and practices which form an integral part of a national market organization.
4. If a Party, within five years after the date of entry into force of this Agreement, Party considers that a given practice referred to in is incompatible with paragraphs 1 1, 2 and 2 causes, 3 of this Article and if such practice causes or threatens to cause, cause serious prejudice to its the interest of that Party or material injury to its domestic industry, it the Party concerned may take appropriate measures under the conditions and in accordance with the procedures procedure laid down in Article 2530 of this Agreement.
4. The Joint Committee shall, taking into account the economic situation of ▇▇▇▇▇▇, decide whether the period referred to in paragraph 3 should be extended for further periods of five years.
5. Without prejudice to paragraph 4, following the expiry of the period set out in paragraph 3, a Party that considers that a given practice is incompatible with the provisions of paragraphs 1 and 2 may take appropriate measures under the conditions and in accordance with the procedures laid down in Article 25.
Appears in 2 contracts
Sources: Free Trade Agreement, Free Trade Agreement
Rules of Competition Concerning Undertakings. 1. The following are incompatible with the proper functioning of this Agreement in so far as they may affect trade between an EFTA State and Jordan:
(a) all agreements between undertakings, decisions by associations of undertakings and concerted practices between undertakings which have as their object or effect the prevention, restriction or distortion of competition;
(b) abuse by one or more undertakings of a dominant position in the territories of the Parties as a whole or in a substantial part thereof.
2. The provisions of paragraph 1 shall also apply to the activities of public undertakings, and undertakings for which the Parties grant special or exclusive rights, in so far as the application of these provisions does not obstruct the performance, in law or in fact, of the particular tasks assigned to them.
3. If a Party, within five years after the date of entry into force of this Agreement, considers that a given practice referred to in paragraphs 1 and 2 causes, or threatens to cause, serious prejudice to its interest or material injury to its domestic industry, it may take appropriate measures under the conditions and in accordance with the procedures laid down in Article 2525 .
4. The Joint Committee shall, taking into account the economic situation of ▇▇▇▇▇▇Jordan, decide whether the period referred to in paragraph 3 should be extended for further periods of five years.
5. Without prejudice to paragraph 4, following the expiry of the period set out in paragraph 3, a Party that considers that a given practice is incompatible with the provisions of paragraphs 1 and 2 may take appropriate measures under the conditions and in accordance with the procedures laid down in Article 2525 .
Appears in 1 contract
Sources: Free Trade Agreement