Money laundering is the process by which “money launderers” seek to legitimize the proceeds of crime, illegal acts and their circulation in the financial system. Money laundering is a widespread, increasingly international phenomenon, carried out with sophisticated forms and schemes. It is currently estimated that the amount of money laundered internationally ranges from $ 500…
Competition Law in Albania and its structure Law no. 9121, dated 28 July 2003, entered into force on 1 December 2003. It is applicable to all sectors of the economy, as well as to all private and state-owned enterprises operating in the territory of the Republic of Albania as and for companies which operate outside…
Cartel Legal Framework. The cartel’s rights are created by primary treaty law rules that are: • Council and Commission Regulation; • Decisions of the European Court of Justice; • Commission decisions; • Other mechanisms, such as Tips and Recommendations published by the Commission. Article 3 of the EU Treaty stipulates that the European Union aims…