Competition law amendment 2017

On 1 May 2017, signifcant changes to Austrian competition law enter into force by means of the Cartel and Competition Law Amendment Act 2017 (Kartell- und Wettbewerbsrechtsänderungsgesetz 2017, „KaweRÄG 2017“ / „amendment“).

The Amendment’s key elements as well as a short update on other recent developments, such as the extension of the criminal law provision on leniency in the Criminal Procedure Act (StPO) and the partly controversial proposal for a Directive by the European Commission to increase the powers of national competition authorities, can be found in this newsletter.

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