Pursuant to the Curacao rules on competition, the abuse of a dominant position held by one or more undertakings is prohibited. Just like most other terms, the term dominant position is copied from the European rules on competition and is to be interpreted in the same way.
As of September 1, 2017, new rules on competition apply on Curacao. The purpose of these rules, which are for the most part copied from the European rules on competition, is to prevent competition between so-called undertakings from being distorted or restricted by arrangements between businesses or abuse by strong undertakings of their dominant position. Under certain circumstances, these rules on competition also apply to non-profit organizations and even governments.