Empowering EU Competition Authorities

Summary

A proposal to empower national competition authorities with stronger investigative, fining, and leniency powers to ensure fair competition across the EU.
10 14.01.2019
Other
european union
administrative law
public administration
business and competition
information technology and data processing

Key points

  • The proposal aims to harmonize the enforcement of EU competition rules across all Member States to prevent market distortions.
  • National competition authorities must be granted stronger guarantees of independence from political and external influence.
  • Authorities will receive expanded powers to conduct unannounced inspections, including access to digital data and cloud storage.
  • The maximum fine for infringements must be set at no less than 10% of a company's total worldwide turnover to ensure deterrence.
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