ICN Home About Members Document Library Working Groups News and Events Contact

Update – Austria

January 23rd, 2012

Last month, the Austrian Federal Competition Authority (BWB) hosted a Round Table on competition law enforcement in the mediterranean countries. A report is available.

Update – Belgium

January 23rd, 2012

Last month, the Belgian Competition Council adopted guidelines which explain the method it will follow for the calculation of fines.

Unique Advocacy – Gambia

January 23rd, 2012

Did you know that the Gambia Competition Commission has a live weekly radio programme to spread awareness of its Competition Act?

The Canadian Competition Bureau on Wednesday published revised guidelines describing its approach to administering a two-stage merger review process, providing increased guidance on the process of issuing supplementary information requests.

Case assessment – Mauritius

January 9th, 2012

The Competition Commission of Mauritius (CCM) recently published an evaluation of its first monopoly abuse case(the CCM’s first such assessment). The case involved sales contracts with retroactive rebates.

Cartel Enforcement – Canada

January 6th, 2012

The Competition Bureau of Canada recentlyannounced the first conviction under Canada’s new criminal price-fixing law and posted a backgrounder on its investigation involving polyurethane foam.

Strategy Statement – Ireland

January 6th, 2012

The Irish Competition Authority recently published its 2012-2014 Strategy Statement. Every three years, the Competition Authority publishes its Strategy Statement which sets out strategic goals and objectives of the organisation for the following three years.

Awareness – Singapore

January 5th, 2012

The Competition Commission of Singapore has announced a Digital Animation Film contest. The contest aims to raise awareness of competition law in Singapore, generate greater understanding of how competition law operates and inform viewers of the benefits of CCS’ enforcement of competition law. Specially, it aims to spread messages on the benefits of competition, and competition law compliance and helps stakeholders correctly understand CCS’ role and responsibilities from a cinematic creative point of view. Entries are to be built around 5 storylines that include collusion, abuse of dominance and CCS’ leniency programme.

The Japan Fair Trade Commission has recently ended its investigation into the proposed merger between Nippon Steel Corporation and Sumitomo Metal Industries, Ltd. After considering remedies proposed by the two parties involved, the JFTC concluded that the merger would not substantially restrain any particular field of trade or competition. To read the entire press release, click here.

The OFT published a report on competition compliance and deterrence resulting from the UK competition regime. The study was conducted by London Economics and included a survey of more than 500 large companies and 300 SMEs, as well as a small survey of specialist competition advisers in law firms. The research shows that sanctions and enforcement in the UK have a substantial deterrent effect. For each completed competition enforcement case, up to 40 potential competition law infringements and deterred. Click here to see the press release in its entirety.