Monday, May 31, 2010
Commitments in EU Competition Cases: Article 9 of Regulation 1/2003, its application and the challenges ahead
Posted by D. Daniel Sokol
Suzanne Rab, Daphne Monnoyeur, and Anjali Sukhtankar (all Hogan Lovells) describe Commitments in EU Competition Cases: Article 9 of Regulation 1/2003, its application and the challenges ahead.
ABSTRACT: The ‘commitments decision’ procedure under Regulation 1/2003, introduced on 1 May 2004, provides the European Commission with a mechanism to dispose of competition law cases by way of a formal ‘settlement’, similar to a US consent decree. Since then, it has become an important instrument of enforcement of EU competition law. In 2009 alone, there have been commitments cases involving Rambus, Microsoft, RWE and GDF.
https://lawprofessors.typepad.com/antitrustprof_blog/2010/05/commitments-in-eu-competition-cases-article-9-of-regulation-12003-its-application-and-the-challenges.html