Italian Competition Authority

The Italian Competition Authority (Italian: Autorità Garante della Concorrenza e del Mercato, AGCM) is the competition regulator in Italy. It is an Italian quasi-autonomous non-governmental organization established on the basis of Law №287 of 10 October 1990.

As of 2004, the Italian Competition Authority has also been in charge of enforcing laws against conflicts of interest for Holders of Public Office.

As the Italian competition regulator, the Authority has the task of enforcing both Italian and European consumer protection laws.

It is financed by annual allocations through a special chapter of the Ministry of Economic Development's budget. The Financial Law of 2006 introduced partial self-financing: AGCM has full control over the management of these funds for its own operations.

An annual report is presented to the President of the Council of Ministers of Italy.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.