Reform of the calculation of fines under Belgian competition law

Belgium

The Notice of the Competition Council on the calculation of fines of 19 December 2011 (Notice of the Competition Council concerning the method of calculating fines) would be replaced by a simple communication that the Authority will be guided by the guidelines of the European Commission when calculating fines. The Guidelines on the method of setting fines imposed pursuant to Article 23(2)(a) of Regulation No 1/2003 (OJ, 2006/C 210/02) would thus apply for penalties due to “Belgian” violations of competition law.