Portugal has adopted a New Competition Act that modernizes its competition regime by lining it up with the European Union (EU) regime. The New Act introduces various reforms, most notably: the modification of merger control thresholds, the refinement of the leniency program, the adoption of the SIEC test for dominance, or the introduction of settlements in the context of antitrust investigations. As a result, it is expected that the Competition Authority will be in a better position to administer its scarce resources more efficiently to obtain better results by speeding up investigations, by prioritizing the break up of cartels, and by increasing the cooperation with market players in the context of investigations. Introduction On 8 May 2012, Portugal published its new Competition
The Portuguese government implements a new competition act to revamp its competition regime
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