Global Guide to Non-Competition Agreements

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WLG Handbooks & Guides 2018 Global Guide to Non-Competition Agreements
2018 Global Guide to Non-Competition Agreements
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Non-competition agreements can help a business protect its confidential information, trade secrets and customer relationships, and prevent unfair competition. However, whether such agreements can be enforced, and under what circumstances, vary significantly among jurisdictions. The aim of this publication is to have a dedicated resource on the enforceability of non-competition agreements, distilling the experience of numerous World Law Group (“WLG”) member firms into a single reference.We hope that this guide will be useful for those who have to deal with non-competition agreements in one of the jurisdictions covered. This guide focuses on the laws around the world as they currently stand at the date of publication. However, we cannot exclude some changes in the laws to a certain extent in this area. Please visit this page where we hope to post updates as they become available, and feel free to consult other reference sources.We wish you a good read!

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Legal Update
Date Posted: January 21, 2022

As a general rule, tenderers participating in public procurements have the right to form a consortium and submit a tender as a joint offer to meet the requirements of the competitive tendering. Small companies, in particular, may find it difficult to tender for products or services alone.

By combining resources with a competitor, it might, however, be possible to submit a tender. Sometimes cooperation with a competitor can also result in significant cost savings for the customer compared to carrying out the procurement alone.

Legal Update
Date Posted: January 3, 2022

Through Supreme Decree N° 398-2021-EF, the Peruvian Government updated the value of the Peruvian Tax Unit for the year 2022 to PEN 4600.00. Hence, the value of the financial thresholds in Law N° 31112, a Law that establishes the prior control of concentrations operations, has also been updated.

Legal Update
Date Posted: December 10, 2020

The Office of Trade Competition Commission (the OTCC) has revised the definition of a ‘Dominant Player’ under Sections 50 and 51 of the Trade Competition Act B.E. 2561 (the Act) to eliminate any ambiguity as to the intent of the law.