Fusionen & Übernahmen - Fusionskontrolle

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    07/11/2023
    Deutschland

    New German competition law gives Federal Cartel Office more power to intervene in markets

    On 7 November 2023, the 11th amendment to the German Act for Restraints against Competition (GWB) went into force after being adopted by the German parliament on 6 July. The legislation follows a draft from the German government from April this year. The recently adopted law is based on this government draft, but includes changes proposed by the economic committee of the German parliament.The 11th GWB amendment sharpens cartel law by strengthening the powers of the German competition authority, the Federal Cartel Office, in three key areas. •    The Federal Cartel Office...
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