Effective Enforcement Of Antitrust Laws
Effective enforcement of the antitrust laws in order to eliminate restrictions on competition is the prime objective for every competition authority. Our focus is continuously on the most serious violations, such as horizontal agreements and concerted practices between competitors. The harm done to consumers and society of such activities is undisputable which need to be curbed.
There has been a lot of debate on the merits of criminalization over the last years, but there is no clear consensus. Criminalization can only be effective if the legislation creating criminal offences is adequately enforced. For that purpose, a number of criteria regarding criminalization are essential, such as:
- The need for adequate investigative powers,
- Well