The Italian Competition Authority fines a notary association for adopting a decision of an association of undertakings aimed at reintroducing minimum tariffs (Order of Notaries of Milan)

The Italian Competition Authority (AGCM) has fined the Order of notaries of Milan a total of 99,403 euro for adopting a decision aimed at limiting the autonomy in the determination of individual notaries' remuneration by reintroducing repealed minimum tariffs. The aim of the deliberation that had been adopted by the Board of Notaries of Milan was twofold: reintroducing the repealed minimum tariffs and using the threat of disciplinary measures against those notaries who did not agree to comply with the decision.

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Author

  • DG COMP (Brussels)

Quotation

Andrea Usai, The Italian Competition Authority fines a notary association for adopting a decision of an association of undertakings aimed at reintroducing minimum tariffs (Order of Notaries of Milan), 30 May 2013, e-Competitions May 2013, Art. N° 54201

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