INTERVIEW: FEDERAL CARTEL OFFICE - GERMANY - PRESIDENT - REVIEW OF THE GERMAN ACT AGAINST RESTRAINTS OF COMPETITION - ECONOMIC APPROACH - MERGER CONTROL - ACQUISITION OF MINORITY SHAREHOLDINGS - GUIDELINES - LENIENCY

Andreas Mundt (German Competition Authority): The Bundeskartellamt and the way ahead

Interview conducted by Dirk Schroeder, Cleary Gottlieb Steen & Hamilton, Cologne.

Mr. Mundt, you were the first president of the Federal Cartel Office chosen from its ranks. Has that made your job easier? That's correct, I joined the Bundeskartellamt back in 2000. Of course, my knowledge of the specifics of competition law and everyday work procedures in the authority, as well as the personal relations with many members of staff have made the change of office easier. When I took office I was quite familiar with the “esprit de corps” of the Bundeskartellamt. I have taken over a very well-positioned authority. At the same time, there is always room for improvement and when working towards optimizing things it helps to know the authority from within. “I have taken over a very-well-positioned authority” Before my appointment as President I was responsible for general

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