Written by Cemal Karakas (2nd edition),
Updated on 6.7.2018
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’s ECON committee intends to vote on the compromise text on 11 July 2018; the plenary vote would then take place in autumn 2018.
|Proposal for a directive of the European Parliament and of the Council to empower the competition authorities of the Member States to be more effective enforcers and to ensure the proper functioning of the internal market|
|Economic and Monetary Affairs (ECON)
Andreas Schwab (EPP, Germany)
Tibor Szanyi (S&D, Hungary)
Ordinary legislative procedure (COD) (Parliament and Council on equal footing – formerly ‘co-decision’)
|Next steps expected:||Vote on compromise text in committee
First reading vote in plenary