The Luxembourg Parliament adopts a new competition act aiming at improving the efficiency of competition law enforcement
Since the adoption of the Luxembourg Competition Law in 2004 [1], the Luxembourg Competition Council («the Council»), an independent administrative authority, has been in charge of enforcing the competition law provisions relating to agreements and abuses of a dominant position when a market in the Grand Duchy of Luxembourg is likely to be affected. Depending on whether the agreement or the abuse of the dominant position is likely to have an impact on trade between Member States, the Council applies Article 101 and 102 of the Treaty on the Functioning of the European Union (TFEU) or Articles 3 and 5 of the Law on competition (which mirror the EU provisions). In addition to minor changes [2], the 2004 Competition Law has shown some inadequacies calling for an overall reform [3]. Therefore,
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