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The Regulation 1/2003 evaluation - room to improve?
| Date: |
24 October 2024
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| Time: |
19:00 - 20:30 (CET)
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| Speaker(s): |
Sophie Moonen
Head of Unit (A1)
DG COMP
European Commission
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| Panelists: |
Xandra Reintjes
Policy Officer (A4)
DG COMP
Sophia Stephanou
Case-handler (A1)
DG COMP
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| Location: |
In-person / by webinar
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| CPD: |
Accredited for 1.5 hours CPD (UK SRA)
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| Registration: |
Closes at 12PM (CET) on 24 October
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On 05 September, DG COMP published a Staff
Working Document summarising the findings of its evaluation
of Regulations 1/2003 and 773/2004 (‘the evaluation’). The evaluation has shown that the Regulations
have generally achieved their objective of effective, efficient and uniform
application of the EU competition rules. The main changes brought about by
Reg. 1/2003, i.e. the removal of the notification system and the
implementation of a decentralised system of parallel enforcement are viewed very positively.
The evaluation
has also identified certain areas where there is scope for improvement, both in
relation to the Commission’s procedures but also in relation to the functioning
of the ECN.
EVP
Vestager said of the evaluation that:
“Regulation
1 ushered in the modern form of EU enforcement. The evaluation highlights this
success. It also identifies areas where we can do better... Antitrust investigations take a long time. Our investigative
powers could be updated. The procedure for access to the file could be made
more efficient. Our decision-making powers should also be considered. There is
notable support for increasing the use of interim measures”.
Join Sophie Moonen, Sophia Stephanou and Xandra Reintjes for the first in-person / webinar 'Chatham House rule' presentation of and detailed discussion (incl.
Q&As) around the evaluation and its potential for the next
Commission’s antitrust policy agenda.
List of participants (updated 04.10.24)
Commission Staff Working Document Evaluation of Regulations 1/2003 and 773/2004 (05.09.24)
Executive Summary of the Evaluation (05.09.24) Commission Q&As on the findings of the evaluation (05.09.24)
Commission Report on the legal framework for and the use of interim measures by the NCAs (05.09.24)
Speech by EVP M. Vestager, IBA's 28th Annual Competition Conference, Florence (06.09.24)
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