WSG Article: German Competition Law After the 7th Amendment to the German Act Against Restraints of Competition – An Overview - Heuking
Heuking
November 8, 2005 - Germany
German Competition Law After the 7th Amendment to the German Act Against Restraints of Competition – An Overview
by Jens-Olrik Murach
Summary:
On 1 July 2005, the 7th amendment to the German Act against Restraints of Competition (Gesetz gegen Wettbewerbsbeschränkungen – “GWB”) entered into force. It implies major changes in German competition law. The objective of the amendment is to harmonize German with European competition law. In principle, cases having only a national scope will now be judged by similar provisions as cases that have a European dimension. As a consequence, the substantive analysis of a case does no longer depend on whether the trade between Member States of the European Union is affected.
An overview of the amendments may be found under the following link:
http://www.worldservicesgroup.com/files/groups/1494_1108044207.pdf
Read full article at: http://www.worldservicesgroup.com/files/groups/1494_1108044207.pdf