Cartel Regulation 2016

The Portuguese Constitution lists the following among the general principles of economic organisation and as primary duties of the state:

? ensuring the efficient functioning of the market to guarantee balanced competition between undertakings;

? opposing monopolistic forms of organisation;

? pursuing abuses of dominant position and other practices that may harm the general interest and;

? guaranteeing the protection of the interests and rights of the consumer.

The Constitution has evolved from the original 1976 version to reflect the various (if not somewhat conflicting) political, social and economic concerns of the legislature. That said, the principles referred to above, along with the recognition of private property, private enterprise and consumer protection, show that competition








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Reproduced with permission from Law Business Research Ltd. This article was first published in Getting the Deal Through: Cartel Regulation 2016, (published in November 2015;?contributing editor: A Neil Campbell, McMillan LLP) For further information please visit www.gettingthedealthrough.com