On 14 January 2021, the German parliament approved the so long discussed reform of German competition law which was now also confirmed by the second parliamentary chamber - the “Bundesrat”. The innovations to be implemented in the German Act against Restraints of Competition (“ARC“), will in particular provide the Federal Cartel Office (“FCO”) with regulatory tools to impede market dominant companies active in the digital (platform) markets from possible abuses of their competitive dominance. The German approach assigns a significant pioneer role to Germany in the more and more dynamic combat against anti-competitive practices characterizing the digital economies. “Social Digital Economy” Emphasising Germany’s pioneer role, Andreas Mundt, President of the FCO, welcomed the parliamentary
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The German Parliament approves a competition law reform providing the Competition Authority with regulatory tools to impede market-dominant companies active in the digital markets from possible abuses of their competitive dominance
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