About The Legal Nature of The Methodology for Setting Fines Under The Law on Protection of Competition
Authors:
Asen
Mingov
St. Kliment Ohridski University of Sofia, Bulgaria
Pages:
55-
62
Abstract:
The article analyzes the power of Commission on Protection of Competition to adopt the rules used in setting pecuniary sanctions, fines, periodic penalty payments and periodic fines, imposed on undertakings, associations of undertakings or natural persons for infringements committed by them under the LPC. According to the author the Methodology is issued by an independent specialised state body, explicitly authorized by article 100 (4) of the Law on protection of competition, contains administrative legal norms, concerns indefinite and unlimited number of addressees, has repeated legal action and by its legal nature is normative administrative act.
Keywords:
Commission on Protection of Competition; pecuniary sanctions; fines; periodic penalty payments; periodic fines normative administrative act.
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