Transcription of Fines for breaking EU Competition Law
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Fines for breaking EU Competition Law
Fines for breaking EU Competition Law What should Fines achieve? The Commission's policy with regards to Competition Duration: This percentage of the value of relevant law infringements is one of prevention. Hence it sales is multiplied by the number of years and months issues extensive guidance on how to comply with the the infringement lasted. This means that the fine is law. Should companies break the law, Fines may be linked to the value of the affected sales during the imposed. These too are ultimately aimed at infringement, which is generally considered to be a prevention, and must hence fulfil two objectives: to good indicator of the damage to the economy caused punish and to deter. breaking the Competition rules is by the infringement over time. An infringement that profitable if it goes unpunished that is why lasts for two years is therefore assumed to be twice companies do it.
Fines for breaking EU Competition Law What should fines achieve? The Commission's policy with regards to competition law infringements is one of prevention.
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