Luxembourg : The Government intends to boost competition policy - Reform of the 17 May 2004 competition law

Introduction 1. Luxembourg only abolished its price control regime in May 2004, when it introduced a completely new competition law and created two competition authorities, both members of the European Competition Network. Compared with its neighbors - France, Belgium and Germany - Luxembourg may well not have paid particular attention to competition rules and even three years after the introduction of the law of 17 May 2004 [1] on competition (hereafter “Law on competition”), a true competition culture in the country has yet to emerge. 2. Although the reform of the Law on competition was not mentioned specifically in the declaration of its objectives in August 2004, the new Government did indicate in the national Lisbon implementation programme that synergies should be created between