Laws that are regulating competition in Bangladesh, the loopholes on those Laws and probable solutions on how to resolve them.

1. LAWS REGULATING
COMPETITION
From the perspective of Bangladesh

2. Contents
• Situations For Which Need For Law Arisen
• Regulating Competition Law 2012
• Loopholes In The Law
• Recommendations

3. Situations For Which Need For
Laws Arisen
• Inefficient state-owned industries
• Existence of large inefficient Non Commercial Banks
• Natural monopolies
• Inefficient regulatory framework
• Over saturated industries

4. Regulating Competition Law 2012

5. Chapter I (Preliminary)
• Definition
• Application
• Exemption from this Act

6. Chapter II
Establishment Of The Bangladesh
Competition Commission
• Establishment of the Bangladesh Competition
Commission
• Office of the Commission
• Composition of the Commission
• Duties, Powers and Functions of the Commission
• Removal of Chairperson and Members
• Status, Salary and Privileges of Chairperson and
Members

7. Chapter III
Prohibition Of Anti-competition Agreement,
Abuse Of Dominant Position, Etc.
• Anti-Competition Agreement
• Abuse of Dominant Position

8. Chapter IV
Compliant, Inquiry, Order etc.
• Pre- inquiry procedure
• Power to issue interim order
• Proceeding after inquire
• Prohibition of combination
• Application of laws for inquire regarding acts
committed outside of Bangladesh
• Appearance before the Commission

9. Chapter V
Review, Penalty, appeal, Etc.
• Contravention of orders of Commission
• Cognizance of offence and trial
• Application of Code of Criminal Procedure
• Recovery of demand of the Commission
• Appeal

10. Chapter VI
Financial Matter Of The Commission
• Competition Fund
• Annual statement of budget
• Audits and accounts

11. Chapter VII
Miscellaneous
• Offences committed by companies
• Restriction on disclosure of information
• Power of Government to issue directions
• Delegation of powers
• Annual statement
• Public Servant

12. Loopholes In The Law
• Lack of clarity
• Time lag in establishing the commission
• Lack of market knowledge
• Confidence
• Misuse of the act
• Overlapping functions and conflict of interest
• Conflict with competition

13. Recommendations
• Respective regulatory
• Anti-trust regulatory
• Legal framework
• Special studies
• Establish competition laws properly
• Practice of existing laws
• Conduct researches