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EU accepts proposals to boost powers of states’ competition regulators

Neil Hodge | June 12, 2018

The European Union has provisionally agreed to give member states greater enforcement powers to clamp down on anti-competitive practices.

The move is meant to ensure that EU competition policy is enforced evenly across the 28-nation bloc and that national competition authorities have the same “appropriate” powers at hand to stamp out cartel behaviour, abuse of dominant position, and other corporate practices that prevent a fair market from operating.

The European Commission hopes the directive will give national competition authorities effective tools and make sure they have the resources necessary to detect and sanction companies that break EU competition rules. It will also ensure that they can take their decisions in full independence.

The new rules will make sure that national competition authorities will act independently when enforcing EU antitrust rules and that they work in a...

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