Global Competition Law is primarly a practitioner's guide presenting the most salient aspects of the major competition laws country by country, giving an overview of their structure and most charasteristic elements.
Global Competition Law also provides insight into possible future developments in the field.

Global Competition Law

Under the Competition Act, failure to notify a merger will, on summary grounds be the subject of an EUR 3,000 fine, and an EUR 250,000 on indictment. Further, daily fines of EUR 300 and EUR 25,000 may be imposed under the heading of continuing contraventions. …

Criminal sanctions

Under Section 20(1)(b), the control authorities may enter into discussions with undertakings involved in a concentration with “a view to identifying measures which would ameliorate any effects of the merger.” In this regard, Section 20(4) provides for the making of commitments which become binding on the parties where permission is given by the control authorities in lieu of same.

  Pursuant to Section 19(2), a notifiable merger that is put into effect without receipt of a ruling on its status by the control authorities is void.

Conditions and commitments - Divestiture

Under the Competition Act, failure to notify a merger will, on summary grounds be the subject of an EUR 3,000 fine, and an EUR 250,000 on indictment. Further, daily fines of EUR 300 and EUR 25,000 may be imposed under the heading of continuing contraventions.

Global Competition Law

416. Criminal sanctions

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Les notions juridiques connexes

416. Criminal sanctions

Demandez un accès gratuit au contenu exclusif Livv – juristes d’entreprise

Les notions juridiques connexes

Demandez un accès gratuit
au contenu exclusif Livv – juristes d’entreprise