The Swedish Government publishes a new Competition Act which further harmonises with EU competition rules and introduces a number of new features to enhance cartel enforcement

A new Swedish Competition Act entered into force on 1 November 2008. The new legislation means further harmonisation with EC competition rules and it also introduces a number of new features in order to enhance cartel enforcement. One of the new features is the introduction of disqualification orders. The rules regarding fines have become both clearer and stricter in an aim to enhance legal certainty. Furthermore, it is now possible for companies to enter into settlement agreements with the Swedish Competition Authority (the “NCA”). As regards merger control, the rules are harmonised with the EC merger regulation through the introduction of the SIEC test. In addition, new turnover thresholds have been implemented. 1. Short Background to the New Swedish Competition Act The Swedish

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Elisabeth Eklund-Legnerfält, Helene Andersson, The Swedish Government publishes a new Competition Act which further harmonises with EU competition rules and introduces a number of new features to enhance cartel enforcement, 1 November 2008, e-Competitions November 2008, Art. N° 26572

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