Legislative Bill · Varelia
Failed

Competition Policy Reform Act of 2023

Proposed by Advance · fronted by Rosalind Thompson
Passing
in the Parliament
Opened
22 Dec 2023
Voting closes
20 Feb 2024
Chambers
1 legislature
Articles
1 change

Rationale

Reduces regulatory burden to boost market efficiency and private sector growth for broader public benefits.

Proposed Changes

1

Competition & Monopolies
Previous law
Active competition enforcement
No competition intervention

Timeline

  • Draft
    22 December 2023


  • Vote Open
    22 December 2023


  • Vote Closed
    20 February 2024


  • Did Not Become Law
    20 February 2024

Vote tally

Live tally across each chamber. Weighted by seats held.

Parliament

Passed
271Yes 0No 89Not voted 360 seats

For: 271 / 360 seats (75.3%)

Against: 0 · Abstained: 0 · Not voted: 89

50.1% of those voting must vote in favour (actual = 100.0%)
Party Seats Vote
Advance Proposer 68 Yes
Labour Of Varelia 203 Yes
Together United 0 Yes
Empty seats 114 Not voted

Voting record

Every vote must state a public reason. Most recent first.

Advance
Voted Jan. 6, 2024
Yes Changed vote

“A free market is not about letting the powerful do whatever they want; it is about allowing individuals to choose, compete, innovate, and create value. Competition rewards efficiency, gives consumers more choices, and encourages businesses to improve. Government has an important role in enforcing fair rules and protecting rights, but excessive control can weaken competition and reduce economic freedom. A free market is not perfect, but it gives people more freedom to shape their own economic lives.”

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