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MDPPACPB Regulations
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8 (a) horizontal agreements between competitors to fix prices, allocate territories, or limit production; (b) vertical agreements that result in resale price maintenance, market foreclosure, or tying; (c) collusive tendering or bid-rigging; (d) any contractual provision that waives or limits competition obligations under these Regulations, the Act, or the Federal Competition and Consumer Protection Act. 3. Liability All parties to an agreement falling within subregulation (1) are jointly and severally liable for the infringement and subject to sanctions under Parts XVI and XVII. 4. Reporting Obligation Any licensee aware of such agreements shall promptly notify the Authority; voluntary disclosure may be considered a mitigating factor. 5. No Immunity by Consent The validity of a contractual term shall not be justified on the basis of mutual consent, commercial custom, or industry practice if it violates competition law principles. 6. Enforcement and Remedial Powers The Authority may: (a)prohibit the making or performing of an agreement or arrangements to which these Regulations relate; (b)declare specific provisions of an agreement or contract unlawful and direct their removal or amendment; (c) Investigate any licensee that knowingly includes such terms in its agreements; (d) Impose penalties or administrative sanctions as provided in Parts XVI and XVII of these Regulations. 7. Obligation to Review and Amend Contracts Licensees shall review and, where necessary, amend existing contracts to ensure alignment with the competition obligations under these Regulations. The Authority may issue further guidance on compliance expectations and transitional periods. 5. Obligation to Maintain Competitive Market Conditions 1. General Duty Every licensee or permit holder operating in the midstream and downstream petroleum sector shall conduct its business in a manner that promotes effective competition, supports market entry, and avoids conduct or practices that lead to or reinforce monopoly, dominance, or exclusionary outcomes. 2. Market Conduct Standards Without prejudice to Regulation 3, licensees shall— (a) set prices and service terms independently; (b) compete fairly on product quality, service delivery, location, and efficiency;
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