The Dutch Competition Authority publishes guidelines to clarify its simplified settlement procedure

Dutch Authority for Consumers and Markets (ACM) publishes guidelines to clarify simplified settlement procedure* On 21 December 2018, the Dutch Authority for Consumers & Markets (“ACM”) published [1] (“Settlement Guidelines”) Such a procedure can be followed if the ACM intends to impose a fine and the undertaking or person involved is prepared to admit the allegations and to accept the fine. The ACM can then simplify the procedure and take an abridged decision which saves time and costs. Parties who cooperate in settling the case in this manner are eligible for a 10% reduction of the fine. The Settlement Guidelines seek to clarify when and how the ACM applies the simplified settlement procedure. The simplified settlement procedure was first applied by the ACM in 2015. [2] Based on

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Mariska Van De Sanden, The Dutch Competition Authority publishes guidelines to clarify its simplified settlement procedure, 21 December 2018, e-Competitions December 2018, Art. N° 88845

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