Unfair Trade Practices Prohibition Act.

This Law primarily focuses on the prohibition of unfair trading practices within the agricultural and food supply chain, as well as the use of purchasing power by non-food retailers against suppliers. Its stated objective is to ensure fair competition and protect suppliers from exploitative practices. The document emphasizes the importance of compliance with legal standards to maintain market integrity and promote equitable trading relationships. The document outlines several key measures aimed at preventing unfair trading practices. It explicitly prohibits practices such as imposing unjustified terms on suppliers, threatening suppliers with commercial retaliation for exercising their rights, and failing to confirm contractual agreements in writing. Additionally, it mandates that the Competition Council monitors compliance with these regulations and investigates reported violations. The document also highlights the need for suppliers to be compensated for any infringement of their rights under the law, reinforcing the legal obligations of buyers in the supply chain. The implementation of the outlined measures is to be overseen by the Competition Council, which is responsible for investigating complaints and ensuring adherence to the law. The document specifies that the Council may initiate investigations based on complaints from suppliers or their associations. It also includes provisions for the publication of annual reports detailing the enforcement outcomes, including the number of complaints received and cases resolved. Secondary themes include the protection of supplier identities during investigations and the potential for collaboration with other EU member states in enforcement actions, ensuring a comprehensive approach to upholding the law.