A Portuguese Court confirms that a professional association training regulation constitutes a breach of competition rules (Ordem dos Técnicos Oficiais de Contas)

I. Introduction The Portuguese Association of Chartered Accountants (“Ordem dos Técnicos Oficiais de Contas”) (ACA) judicially appealed to the Lisbon Commerce Court the national Competition Authority decision which applied a fine €114.654,10 based on an alleged illegal decision of the association, pursuant to Article 101 TFEU and the equivalent national provision, and added an identical fine of €114.654,10 due to the allege abuse of a dominant position. The factual framework of the case is related to the Chartered Accountants Regulation creating a credit-based mandatory training, which is required for members to maintain the right to practice as chartered accountants in Portugal. The court confirmed that with this Regulation, ACA artificially segmented the chartered accountants training

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Authors

  • Morais Leitão, Galvão Teles, Soares da Silva (Porto)
  • Morais Leitão, Galvão Teles, Soares da Silva (Lisbon)

Quotation

Carlos Botelho Moniz, Eduardo Maia Cadete, A Portuguese Court confirms that a professional association training regulation constitutes a breach of competition rules (Ordem dos Técnicos Oficiais de Contas), 29 April 2011, e-Competitions Effect on interstate trade, Art. N° 38153

Visites 273

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues