The Italian Competition Authority concludes its first investigation against a notarial council for unlawful agreement (Consiglio Notarile di Lucca)

1. Premise On 13 March 2013, the Italian Competition Authority (Autorità Garante della Concorrenza e del Mercato or AGCM, hereinafter the “ICA”) decided to impose a fine on the Notarial Council of Lucca (hereinafter “NCL”) for unlawful agreement concluding proceeding I747. According to the ICA, the NCL has breached article 2 of Law no. 287 of 10 October 1990 (hereinafter the “Italian Competition Law”) by adopting several acts with reference to fees of notaries operating in the district of Lucca in order to make their prices uniform. In light of the above, the ICA has ordered the NCL to terminate the above infringement and imposed a fine of 19,992 euros, based on the gravity and duration of the ascertained infringement. Please consider that I747 is the first proceeding regarding notaries

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Carlo Edoardo Cazzato, The Italian Competition Authority concludes its first investigation against a notarial council for unlawful agreement (Consiglio Notarile di Lucca), 13 March 2013, e-Competitions March 2013, Art. N° 51626

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