Modernisation – a consultation on the Government’s proposals for giving effect to Regulation 1/2003 EC and for re-alignment of the Competition Act 1998

The UK Competition Minister, Melanie Johnson, on 1 April 2003, published a consultation on proposals to radically reform EU competition law. The aim of the consultation is, firstly, to outline the changes that will be required to bring into effect the new Regulation 1/2003 and, secondly, to seek views on ways in which the UK Competition Act 1998 should be brought into alignment with the new Regulation. Regulation 1/2003 will replace Council Regulation 17/62, which establishes the European Commission's powers, proceedures and penalties for enforcing the EC Treaty Articles on competition (Articles 81 and 82) on 1 May 2004. Deadline for responses: 27 June 2003.