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The World Bank Group Competition Policy thematic Group has launched the 2013 Competition Advocacy Contest to disseminate success stories on how to build a culture of competition in our client countries. The contest will search for the best advocacy stories on competition reforms conducted by any Competition Agency from developing and emerging markets.  We see […]

Sanctions: Denmark

July 21st, 2013

In March, a new Danish Competition Act came into force. It amended the legal framework for sanctions to include imprisonment for participating in a cartel and a considerable increase in the level of fines imposed on natural persons and undertakings.

July 24 UCWG teleseminar

July 19th, 2013

OFT and the UCWG will be hosting a tele-seminar on Wednesday 24 July at 8:00am (Washington time)/ 1:00 pm (London time) / 2:00 pm (Stockholm time) / 3:00 pm (Ankara time). Check with the UCWG co-chairs for dial-in details. The tele-seminar will address Unilateral Conduct and State Owned Enterprises (SOEs). In particular it will look at […]

Busted!

July 18th, 2013

Did you know that the New Zealand Commerce Commission’s website offers a “jargon buster” page with the meaning of specialist words? (Thankfully, “ICN” is not considered jargon.)

Update: US

July 18th, 2013

The Federal Trade Commission released its draft Strategic Plan for Fiscal Years 2014-2018 for stakeholder review and comment. The strategic plan presents strategic goals, objectives, strategies, and performance goals for the next five years.

Cartel Fines: Germany

July 17th, 2013

The Bundeskartellamt recently published new guidelines on the setting of fines for cartel proceedings.

Update: Canada

July 17th, 2013

The Canadian Competition Bureau recently launched a whistleblowing initiative, encouraging the public and business community to report suspected incidences of price-fixing, bid-rigging, and other anti-competitive activity.

Leniency: UK

July 16th, 2013

The OFT has published revised leniency guidance aimed at providing a clear and practical framework for leniency applications, including a policy of not requiring legal professional privilege waivers as a condition of leniency. The new guidance is accompanied by two ‘Quick Guides’, one aimed at businesses and one aimed at individuals.

Merger review: EU

July 16th, 2013

The European Commission has invited public comment on options for possible future improvements of the EU Merger Regulation in two areas: minority shareholdings and the transfer of cases between the Commission and national competition authorities. The consultation documents are available here.

The Swedish Competition Authority is hosting the 2013 ICN Workshop on Unilateral Conduct in Stockholm on 17-18 September 2013 The ICN Unilateral Conduct Working Group is holding a regional workshop in Stockholm designed to promote greater understanding of the group’s work on exclusive dealing and the analysis of dominance/substantial market power. Using a hypothetical case […]