September 2013 has seen the entry into force of the new Belgian Competition Act; The main innovation is the introduction of the Belgian Competition Authority, a single and independent administrative body, but with an internal functional separation between investigative and decision-making competences. The Authority comprises a President, a Steering Committee, a College of Prosecutors and a Competition College, which is the decision-making body. The new Act introduces a settlement procedure. It provides that administrative fines can be imposed on individuals. The Act also grants to the Auhority certain powers in the field of price control.
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