Curacao Competition Law Explained – Undertakings

Curacao Competition Law Explained – Undertakings

As of September 1, 2017, new rules on competition apply on Curacao. The purpose of these rules, which are for the most part copied from the European rules on competition, is to prevent competition between so-called undertakings from being distorted or restricted by arrangements between businesses or abuse by strong undertakings of their dominant position. Under certain circumstances, these rules on competition also apply to non-profit organizations and even governments.

New rules on competition for Curacao

As of September 1, 2017, new rules on competition apply on Curacao. The purpose of these rules, which are for the most part copied from the European rules on competition, is to prevent competition between so-called undertakings from being distorted or restricted by arrangements between businesses or abuse by strong undertakings of their dominant position. Under certain circumstances, these rules on competition also apply to non-profit organizations and even governments.