Competition Law in Tourism

HOTELS X ONLINE TRAVEL AGENCIES 513 the value of the restricted access, without prejudice to the application of the partial noncompliance fines set forth in clauses 5.2 and 5.4. Clause Six – Execution 6.1. This Term of Commitment constitutes an extrajudicial executive title, under the terms of Art. 85, § 8, of Act No. 12.529/2011. Clause Seven – Publication 7.1. The Term of Commitment shall be disclosed at the time of its consideration by the Plenary of the Court of CADE and made public, after its homologation, the obligations assumed by Committed Party, under the terms of Art. 85, § 7 of Act No. 12299/2011, while maintaining the confidentiality of the terms of the negotiation and the penalties provided for. Clause Eight – Term 8.1. The Term of Commitment shall remain in force for a term of three (3) years from the date of its execution. 8.2. The obligations provided for in clause three remain even after the expiration of the term set forth in item 8.1, except for the eventual hypothesis of modification of the antitrust legislation and the use of parity clauses in terms of prices, availability and supply conditions is expressly authorised.

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