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

Undertakings that fail to comply with the prior notification requirements may be fined up to one per cent of their turnover in the previous financial year.
  The implementation of a concentration in violation of a prohibition, or the failure to comply with the Authorities' orders aimed at restoring effective competition, is punishable by a fine from one to ten per cent of the turnover of the under …

Fines

When a merger is deemed to create or strengthen a dominant position with the effect of eliminating or restricting competition, the Authority may prohibit it. If the concentration has been implemented before being authorized, the Authority may require measures to be taken in order to restore conditions of effective competition. Alternatively, the Authority may authorize the merger upon condition that measures are taken to prevent anticompetitive effects.

Conditions and commitments - Divestiture

Undertakings that fail to comply with the prior notification requirements may be fined up to one per cent of their turnover in the previous financial year.

  The implementation of a concentration in violation of a prohibition, or the failure to comply with the Authorities' orders aimed at restoring effective competition, is punishable by a fine from one to ten per cent of the turnover of the undertakings concerned.

  The Italian Competition Authority may fine anyone who refuses or fails to provide the information or exhibit the documents without justification during the investigations, by an amount of up to EUR 25,822 rising to EUR 51,645 in the event that they submit untruthful information or documents, in addition to any other penalties provided by current legislation.

Global Competition Law

442. Fines

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Les notions juridiques connexes

442. Fines

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