Empowering national competition authorities (NCAs)
Since 2003, national competition authorities (NCAs) have boosted the enforcement of EU competition and antitrust rules significantly. However, each year losses of €181-320 billion accrue because of undiscovered cartels, which increase prices by between 17 % and 30 % on average. In March 2017, the Commission proposed a new directive to ensure that all NCAs have effective investigation and decision-making tools, could impose deterrent fines, and have well-designed leniency programmes and enough resources to enforce EU competition rules independently. On 30 May 2018, Parliament and Council reached an agreement on the proposal in trilogue. It increases the independence, resources and powers of NCAs and envisages more harmonisation of the national leniency programmes and reduced burdens on undertakings. Parliament adopted the text on 14 November 2018, the final act was signed on 11 December 2018. Third edition. The ‘EU Legislation in Progress’ briefings are updated at key stages throughout the legislative procedure.
Briefing
About this document
Publication type
Author
Keyword
- BUSINESS AND COMPETITION
- cartel
- competition
- competition
- competition law
- criminal law
- dominant position
- economic sector
- economic structure
- ECONOMICS
- EU competition policy
- EU law - national law
- European construction
- EUROPEAN UNION
- European Union law
- fine
- infringement of EU law
- LAW
- ordinary legislative procedure
- proposal (EU)
- restriction on competition
- single market