Division of enterprise remedy compels structural separation and transfer of assets to prevent abuse of dominant position. The Commission may, notwithstanding any other law, direct division of an enterprise enjoying a dominant position to prevent abuse, including transfer or vesting of property, rights, liabilities or obligations; adjustment of contracts; creation, allotment, surrender or cancellation of shares or securities; formation or winding up of enterprises; amendment of constitutional instruments regulating business; specification of how and when affected enterprises may alter order provisions and register such alterations; and any other measures necessary to implement the division, with no entitlement to compensation for officers who cease to hold office as a consequence.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Division of enterprise remedy compels structural separation and transfer of assets to prevent abuse of dominant position.
The Commission may, notwithstanding any other law, direct division of an enterprise enjoying a dominant position to prevent abuse, including transfer or vesting of property, rights, liabilities or obligations; adjustment of contracts; creation, allotment, surrender or cancellation of shares or securities; formation or winding up of enterprises; amendment of constitutional instruments regulating business; specification of how and when affected enterprises may alter order provisions and register such alterations; and any other measures necessary to implement the division, with no entitlement to compensation for officers who cease to hold office as a consequence.
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