The Finnish Competition Authority announces updates to the national competition act based on the ECN+ Directive will soon enter into force, including changes to monitoring competition restraints and sanctions imposed for infringements

Changes to monitoring competition restraints and sanctions imposed for infringements – amendments to the Competition Act will enter into force on 24 June 2021* Amendments that apply to the assessment of the penalty payments imposed for infringements have been made to the Competition Act. At the same time, the powers of the Finnish Competition and Consumer Authority (FCCA) will also be extended. The amendments are largely based on the so-called ECN+ Directive. In addition, amendments based on national needs have been made to the provisions on assessing the amount of the penalty payment imposed for an infringement. The aim of the ECN+ Directive is to

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Finnish Competition Authority, The Finnish Competition Authority announces updates to the national competition act based on the ECN+ Directive will soon enter into force, including changes to monitoring competition restraints and sanctions imposed for infringements, 17 June 2021, e-Competitions Cooperation between National Competition Authorities, Art. N° 101635

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