In this article we will explore everything related to Italian Competition Authority, a topic of great relevance today that has generated different opinions and points of view. Italian Competition Authority has been present throughout history, impacting various areas of society and culture. We will learn about its origins, its evolution over time and its impact on people's lives. We will analyze the different aspects that revolve around Italian Competition Authority, from its implications on the economy to its influence on the way we relate to each other. Through this article, we will delve into the fascinating world of Italian Competition Authority and discover its importance in the current context.
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.
The main duties of the authority are:
The Authority in such cases may conduct investigations or hearings, even with the Guardia di Finanza at his disposal, which may result in a warning or an administrative penalty.
The Italian Competition Authority is led by a Presidents. In its history the following individuals have held this function: