The European Antitrust Review 2013

Cyprus

07 August 2012

The Cypriot antitrust regime has remained legislatively stable since the 2008 enactment of the Protection of Competition Law 13(I)/2008 (the Law). The Law has incorporated the provisions of Council Regulation 1/2003 into the national legal order and has re-established the Commission for the Protection of Competition (CPC), which is the competent body for the enforcement of the legislation. The Law provides, inter alia, for the determination of the CPC as the national competition authority of the Republic responsible for the application of the Law, of Regulation 1/2003, and of articles 101 and 102 TFEU (ex 81 and 82 EC), where necessary. Specifically, it should be noted that the Law provides for the CPC’s competences and powers in line with article 5 of Regulation 1/2003.