On 25 August 2006, the Spanish Government finally laid the long-awaited Bill for a new Spanish Competition Act (the “Bill” ) before the Lower House of Parliament for approval. The Bill is the cornerstone for the modernisation of the Spanish antitrust system. It is expected to enter into force by January 2007. The Bill contains important new changes compared with the Draft Bill which was made public on 10 March 2006 (see P. Turner-Kerr, “Modernisation of the Spanish competition Act will give commercial Courts full competence to hear damage actions (March 2006 Draft Law)”, e-Competitions, Damages, Volume III, n° 529). The most relevant changes are the following: Fines According to the Draft Bill, all breaches of Articles 1 and 2 (that is, the equivalent of Articles 81 and 82 of the EC
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The Spanish Government lays a new competition bill before the Parliament (2006 Proyecto de ley de defensa de la competencia)
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