The Lisbon Appeal Court confirms fines against a professional association for anticompetitive practices in the training market (OTOC)

In July 2007, the Portuguese Order of Chartered Accountants (OTOC), legally entrusted with regulating the activities of chartered accountants in Portugal, adopted a binding regulation concerning a mandatory training system, aimed at guaranteeing the quality of these professional services. Under this system, chartered accountants were only allowed access to the profession if they obtained a minimum number of hours of training. A third of this paid training had to be obtained from the OTOC itself, and the remainder could be obtained from the OTOC or from entities licensed by the OTOC for that purpose. The professional association

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Miguel Sousa Ferro, The Lisbon Appeal Court confirms fines against a professional association for anticompetitive practices in the training market (OTOC), 7 January 2014, e-Competitions Bulletin Judicial review, Art. N° 63580

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