Author (Corporate) | Council of the European Union, European Parliament |
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Series Title | Official Journal of the European Union |
Series Details | L 11 |
Publication Date | 14/01/2019 |
Content Type | Legislation |
Summary: On 22 March 2017 the European Commission presented a proposal intended to further empower the Member States' competition authorities, aiming to ensure that when applying the same legal basis these authorities have the appropriate enforcement tools. An informal agreement between the co-legislators on this draft law was reached on 30 May 2018, and the Council of the European Union's committee of representatives provisionally endorsed it on 20 June. The Directive was adopted on 11 December. Further information: Since 2004, the national competition authorities of the EU Member States (NCAs) are empowered by Regulation (EC) No 1/2003 to apply EU competition rules alongside the Commission. For more than a decade both the Commission and the NCAs have enforced the EU's competition rules in close cooperation in the European Competition Network (ECN), which was created in 2004 expressly for this purpose. There is untapped potential for more effective enforcement of the EU competition rules by the NCAs. Regulation (EC) No 1/2003 did not address the means and instruments by which NCAs apply the EU competition rules and many do not have all the means and instruments they need. This means that companies engaging in anti-competitive practices can face very different outcomes of proceedings depending on the Member States in which they are active. Uneven enforcement of the rules distorts competition in the internal market and it undermines the system of decentralised enforcement that was put in place by Regulation (EC) No 1/2003. |
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Source Link | Link to Main Source https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=uriserv:OJ.L_.2019.011.01.0003.01.ENG |
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Subject Categories | Internal Markets |
Subject Tags | Competition Law | Policy |
Keywords | National Competition Authorities |
International Organisations | European Union [EU] |