Neglected Consumers

    View Authors July 2013

    The antitrust amendment brings welcome adjustments to competition law. However, it neglects those who buy and pay.

    The amendment to the Act on Protection of Competition came into force in December 2012, introducing two new instruments to deal with cartel issues in the Czech Republic – the leniency program and settlement.

    Both instruments enable participants in cartel agreements to avoid sanctions, or a significant portion of a sanction, in exchange for cooperation with the Office for the Protection of Competition (OPC).