Competition Regulation Law

Article 9 — Article (9) Exemptions

1. Agreements or practices which the relevant undertakings prove to be necessary for promoting economic development, improving the undertakings' performance and competitiveness, developing production or distribution systems or brining certain benefits to the consumer, provided that they do not result in:    a. Imposing limitations or restrictions that go beyond what is necessary to achieve the objectives mentioned in Clause (1) of this Article;    b. Completely eliminating competition in the relevant market or a significant part thereof. 2. The relevant undertakings shall give the Ministry notice of the agreements or practices referred to in Clause (1) of this Article on the form designated for this purpose, and attach the documents determined by the Executive Regulations of this Decree-Law. 3. The exemption referred to in Clause (1) of this Article shall be granted by a reasoned resolution of the Minister or his authorized representative, based on the Committee's recommendation, in accordance with Article (10) of this Decree-Law. 4. The relevant undertakings shall notify the Ministry of any draft amendment to the agreements or practices referred to in Clause (1) of this Article, for which they are previously granted an exemption, within (30) thirty days from the date of drafting such amendment. 5. The Executive Regulations of this Decree-Law shall lay down the rules of giving notices and documents to be attached to the application for obtaining an exemption or draft amendment.

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