E.C. Confirms New Structure For Antitrust Fines

Law360, New York (June 28, 2006, 12:00 AM EDT) -- The European Commission’s antitrust commissioner has confirmed that harsh new penalties are on the horizon for companies that violate the continent’s competition laws, and provided details about how new procedural changes will make that happen.

The new guidelines are intended to better reflect the overall economic impact of infringement that is uncovered by the Commission, according to Competition Commissioner Neelie Kroes, who said the changes send three clear signals to companies.

“Don’t break the antitrust rules. If you do, stop it as quickly as possible. And...
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