PLMJ
September 30, 2022 - Portugal
The New Portuguese Competition Act
by Rita Aleixo Gregório, Martim Valente
On 16 September 2022, Law 17/2022 came into effect, thereby transposing the ECN+ Directive into Portuguese law (the “Revised Competition Act”).
The Revised Competition Act increases the Portuguese Competition Authority’s enforcement toolkit by adopting the following key measures:
1. Scope of 10% turnover cap on fines clarified;
2. Statute of limitations suspended during appeals of PCA decisions;
Read the informative note on the PDF.
Read full article at: https://www.plmj.com/xms/files/03_Novidades_legislativas/2022/30_setembro/NI_The_New_Portuguese_Competition_Act.pdf