Decision 2009/586 - 2009/586/EC: Council Decision of 16 February 2009 relating to the conclusion of the Agreement with the Government of Korea concerning cooperation on anti-competitive activities

Please note

This page contains a limited version of this dossier in the EU Monitor.

Contents

  1. Current status
  2. Key information
  3. Key dates
  4. Legislative text
  5. Original proposal
  6. Sources and disclaimer
  7. Full version
  8. EU Monitor

1.

Current status

This decision has been published on August  4, 2009 and entered into force on February 16, 2009.

2.

Key information

official title

2009/586/EC: Council Decision of 16 February 2009 relating to the conclusion of the Agreement between the European Community and the Government of the Republic of Korea concerning cooperation on anti-competitive activities
 
Legal instrument Decision
Number legal act Decision 2009/586
Original proposal SEC(2007)1731 EN
CELEX number i 32009D0586

3.

Key dates

Document 16-02-2009
Publication in Official Journal 04-08-2009; OJ L 202 p. 35-35
Effect 16-02-2009; Entry into force Date of document
End of validity 31-12-9999

4.

Legislative text

4.8.2009   

EN

Official Journal of the European Union

L 202/35
 

COUNCIL DECISION

of 16 February 2009

relating to the conclusion of the Agreement between the European Community and the Government of the Republic of Korea concerning cooperation on anti-competitive activities

(2009/586/EC)

THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty establishing the European Community, and in particular Articles 83 and 308, in conjunction with the first subparagraph of Article 300(3) thereof,

Having regard to the proposal from the Commission,

Having regard to the Opinion of the European Parliament (1),

Whereas:

 

(1)

Given the increasingly pronounced international dimension to competition problems, international cooperation in this field should be strengthened.
 

(2)

The sound and effective enforcement of competition laws is a matter of importance to the efficient operation of the markets and to international trade.
 

(3)

Elaboration of the principles of positive comity in international law and implementation of those principles in the enforcement of the competition laws of the Community and South Korea are likely to increase the effectiveness in their application.
 

(4)

To this end, the Commission has negotiated an Agreement with the Government of the Republic of Korea regarding the application of the competition rules of the Community and South Korea.
 

(5)

Given that the Agreement includes mergers and acquisitions which are covered by Council Regulation (EC) No 139/2004 of 20 January 2004 on the control of concentrations between undertakings (the EC Merger Regulation) (2), which in turn is based essentially on Article 308, this Decision should also be based on that Article.
 

(6)

The Agreement should be approved,

HAS DECIDED AS FOLLOWS:

Article 1

The Agreement between the European Community and the Government of the Republic of Korea concerning cooperation on anti-competitive activities is hereby approved on behalf of the Community.

The text of the Agreement is attached to this Decision.

Article 2

The President of the Council is hereby authorised to designate the person(s) empowered to sign the Agreement in order to bind the Community (3).

Done at Brussels, 16 February 2009.

For the Council

The President

  • O. 
    LIŠKA
 
  • (1) 
    Opinion of 4 December 2008 (not yet published in the Official Journal).
  • (3) 
    The date of entry into force of the Agreement will be published in the Official Journal of the European Union by the General Secretariat of the Council.
 

More

This text has been adopted from EUR-Lex.

5.

Original proposal

 

6.

Sources and disclaimer

For further information you may want to consult the following sources that have been used to compile this dossier:

This dossier is compiled each night drawing from aforementioned sources through automated processes. We have invested a great deal in optimising the programming underlying these processes. However, we cannot guarantee the sources we draw our information from nor the resulting dossier are without fault.

 

7.

Full version

This page is also available in a full version containing the legal context, de Europese rechtsgrond, other dossiers related to the dossier at hand and the related cases of the European Court of Justice.

The full version is available for registered users of the EU Monitor by ANP and PDC Informatie Architectuur.

8.

EU Monitor

The EU Monitor enables its users to keep track of the European process of lawmaking, focusing on the relevant dossiers. It automatically signals developments in your chosen topics of interest. Apologies to unregistered users, we can no longer add new users.This service will discontinue in the near future.