Modernisation in Luxembourg : Reform of competition law
In this article, M. Gabriel Bleser, N° 2 in the Luxemburg Competition Authority, gives an assessment of the reform of the Luxemburg regime implementing the EC modernisation of competition law.
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Since 29 May 2004, the date of the entry into force of the Law of 17 May 2004 on competition (hereinafter: "Law"), the Grand Duchy of Luxembourg has had a new law on competition and two competition authorities. The two authorities were set up at the end of October 2004 and have been operational since the end of November 2004.
Before presenting the competition authorities (1 ) and the new competition rules and their implementation (2 ), it is important to briefly outline the history of this reform which, after many years and thanks to the entry into force of Regulation 1/2003 and strong political will, was completed on 17 May 2004.
This reform has been
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