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The revised Swiss Cartel Act which came into force on April
1, 2004, authorizes the Swiss Competition Commission to sanction restrictions of
competition directly, by imposing substantial fines on companies violating the
law. Until March 31, 2005, restrictions of competition can be notified to the CC
or abandoned without a risk of being fined. After March 31, 2005, notifications
of potentially illegal agreements or behaviors will only avoid the risk of
sanctions if they are notified prior to their implementation. The leniency-
program introduced by the new Act will undermine the solidarity among cartel
members by rewarding "whistle-blowers".
Applicable law
Detailed information
Introduction
Direct sanctions (Fines)
Notifications and leniency program
Vertical restraints
Other changes
Frequently asked questions
Useful links
This site has been prepared by:
Dr. Christoph Schmid / Dr. Urs Weber-Stecher
Wenger Vieli Belser, Attorneys at law
Dufourstrasse 56
8008 Zurich
Switzerland
Tel: +41 (0)44 563 33 33
Fax: +41 (0)44 563 33 66
E-mail: mail@wengerlaw.ch
www.wengerlaw.ch
Related publication:
Swiss Cartel Law May 2006 |