Competition law - Cartels

5 important questions on Competition law - Cartels

What is an agreement in art. 101 TFEU?

Expression of joint intention of undertaking to conduct themselves on the market in a specific way

What is a concerted procedure according to art. 101 TFEU?

Collusion that falls short of an agreement. Above all exchange of information to reduce insecurity.

What is an undertaking according to art. 101 TFEU?

Autonomous and functional assessment of economic activity.
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What is leniency notice?

Cartel participants who contribute to detection and termination of cartels can expect fine reduction to 100%. Immunity granted only applies in cooperation with COM in proceedings.

Who does initiating procedures against cartel?

  • By COM art. 7 Reg 1/2003
  • By national competition authorities duty to inform COM art. 11 Reg 1/2003


Chapter V: powers of investigation

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