Fines for breaking EU Competition Law
Articles 101 and 102 of the Treaty (TFEU) prohibit various anticompetitive practices Article 103 gives the European Council powers to put in place an enforcement system, including the imposition of fines Council Regulation 1/2003,vii based on Article 103 TFEU, gives the Commission powers to enforce these rules and fine companies for
EU Antitrust Enforcement Powers and Procedural Rights and
Article 103(1) TFEU empowers the EU Council, acting upon a proposal from the European Commission (hereafter also: "the Commission") and after consulting the European Parliament, 2 to lay down the
THREE POSSIBILITIES FOR REFORM OF THE PROCEDURE OF THE
Jul 02, 2008 · adopt prohibition decisions and to impose fines in competition cases Article 103 TFEU authorises the Council «to define the respective functions of the Com-mission and the Court of Justice» in applying competition law That is also the only reform which would lead to a situation clearly compatible with the Euro-pean Convention on Human Rights
EU Competition Law - EU Competition Law Merger legislation
Article 14 of the TFEU Article 103 of the TFEU Article 104 of the TFEU Article 105 of the TFEU Article 119 of the TFEU Article 346 of the TFEU
Private Enforcement of EU Antitrust Law and its Relationship
pursuant to Article 103 TFEU have entered into force, Article 104 TFEU entrusts the authorities of the Member States with applying Articles 101 and 102 The only reference to private enforcement is contained in Article 101(2) TFEU, which provides that "any agreements or decisions prohibited pursuant to this Article shall be automatically void"
DIRECTORATE-GENERAL FOR INTERNAL POLICIES
6 1 2 Legal basis: Article 103 TFEU 88 6 1 3 Legislative Act: directive or regulation 88 6 2 Incentives and safeguards 89 6 3 Interaction between public and private enforcement in antitrust 90 REFERENCES 91 ANNEX 1: Details on the analysis on the legal admissibility of an EU-wide system for collective redress 94
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