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.[1]
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:[2] 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.
- ^ Law №287 of 10 October, 1990 (The Competition and Fair Trading Act) Archived December 10, 2000, at the Wayback Machine
- ^ Article 10(7-bis) of Law 287/90 as amended by article 1(69) of Law no. 266 of 2005.