The Italian Competition Authority’s fining guidelines set out principles for calculating fines and thrust antitrust compliance programmes into the limelight. On October 31, 2014, the Italian Competition Authority (ICA) issued its new “Guidelines on the method for setting fines for antitrust infringements” (Guidelines), applied by the ICA for infringements of domestic and European competition law [1]. As the Guidelines explain, their aim is to describe the principles that the ICA will apply in calculating fines for serious infringements of Italian and European prohibitions against cartels and the abuse of a dominant position. The Guidelines fill a gap in the Italian competition regime compared with those of the European Union and other Member States, and make the application of fines
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The Italian Competition Authority issues new guidelines on the method for setting fines for antitrust infringements
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