The EU Commission adopts the Proposal for a Regulation setting out the conditions and procedure by which it may request undertakings and associations of undertakings to provide information in relation to the internal market and related areas

Hardly picked up by the specialised press, the Proposal for a Regulation setting out the conditions and procedure by which the European Commission may request undertakings and associations of undertakings to provide information in relation to the internal market and related areas (“the Proposal”) was adopted by the Commission on 2 May 2017. The Proposal aims to introduce a Single Market Information Tool (“SMIT”) designed to allow the Commission, in targeted cases, to source defined and readily available data in case of serious difficulties with the application of EU Single Market legislation. The new powers are admittedly designed on the basis of the Commission power in competition law enforcement, i.e. Regulation No 1/2003, Regulation No 139/2004 and Regulation No 2015/1589. In the

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Authors

  • Shearman & Sterling (Brussels)
  • Shearman & Sterling (Rome)

Quotation

Paolisa Nebbia, Geert Goeteyn, The EU Commission adopts the Proposal for a Regulation setting out the conditions and procedure by which it may request undertakings and associations of undertakings to provide information in relation to the internal market and related areas, 2 May 2017, e-Competitions Bulletin May 2017, Art. N° 84311

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