Agreements Relating to Prices and Restricting Competition

Abstract

Prohibited agreements are the most restrictive practices of competition, and are considered the most widely used among traders and are two types, both horizontally, between institutions that are at the same level, or vertical, for example between the manufacturer and the distributor; Algerian law makes clear the fact that prices may be subject to these agreements, concerting on a specific price or prepare price tables, all that is considered by the legislature prohibits provided if they restrict or may restrict competition in the market. Prohibited agreements on prices take many forms not determined by the law of competition, but left to be submitted at the discretion of the Competition Council; where they can be subject to price stabilization in order to avoid an increase or a potential price drop or be in the form of a table of prices determined by economic agents, can also be in the form of artificially low prices in order to take control of the market or to create a kind of dominant position by the parties to the agreement, as can also be made by professional organizations that play a role in the establishment of agreements in profit margins that must be followed by its members and can also be in the form of an exchange of information on prices.