|
|
Article: Newly Elected German Government Considers Increased Anti-Trust Powers.
- Article from:
- Mondaq Business Briefing
- Article date:
- October 28, 2009
CopyrightCOPYRIGHT 2009 Mondaq Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Germany's newly elected coalition government composed of the Christian Democratic Party (the "CDU") and the Free Democratic Party (the "FDP"), is currently discussing an amendment to the German Act against Restraints on Competition (the "ARC") which will empower the Federal Cartel Office (the "FCO") to apply structural remedies against companies accused of abusing their dominant position. The coalition envisages that the FCO should only be allowed to use this power as a last resort, when other available actions are considered insufficient. According to press reports, the coalition intends to target dominant companies in the energy, telecommunications and media sectors.
...