The Austrian Parliament passes amendments to competition law

Austria: New competition rules – Take two* The Austrian Parliament has passed a bill amending the Austrian competition law rules. On March 1, 2013, significant changes will enter into force. These include the following: This is the follow-up to the post “Austria: New competition rules – Take one”. Strengthening of private enforcement The legislator made efforts to promote private enforcement. This is demonstrated, e.g. by a new provision in the Austrian Cartel Act exclusively dedicated to compensation for damages as a result of infringements of competition law. The new law makes it clear that anyone guilty of committing such a violation is obliged to compensate the resulting damages. In addition, it states that a private claim for damages by the direct purchaser is not excluded by

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Florian Neumayr, The Austrian Parliament passes amendments to competition law, décembre 2012, e-Competitions December 2012, Art. N° 51010

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