Austria: Difference between revisions
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Governed by: Federal Act on Cartels and other Restrictions of Competition of 19 October 1988, amended by Cartel Act Amendment 1999 (herein referred to as "Cartel Act").<ref>Austrian Competition Act, ''Competition Law in the US, its Member States and Switzerland'', 955-1012 (v. II, ed. Floris O.W. Vogelaar, Jules Stuyck, Bart L.P. van Reeken, Kluwer Law International: The Hague, The Netherlands, 2000).</ref> | Governed by: Federal Act on Cartels and other Restrictions of Competition of 19 October 1988, amended by Cartel Act Amendment 1999 (herein referred to as "Cartel Act").<ref>Austrian Competition Act, ''Competition Law in the US, its Member States and Switzerland'', 955-1012 (v. II, ed. Floris O.W. Vogelaar, Jules Stuyck, Bart L.P. van Reeken, Kluwer Law International: The Hague, The Netherlands, 2000).</ref> | ||
{| class="wikitable" | |||
|- | |||
! Category !! Subcategory !! Score !! Comment | |||
|- | |||
| Scope | |||
| Extraterritoriality | |||
| 1 | |||
| § 6(1) of the Cartel Act applies to behavior in a foreign country in so far as it affects the domestic market. | |||
|- | |||
| Remedies | |||
| Fines | |||
| 1 | |||
| § 129-133 provide for violations of the Cartel Act to be sanctioned with fines. | |||
|- | |||
| | |||
| Prison sentences | |||
| 1 | |||
| § 129(1) also provides for imprisonment for up to 3 years in certain cases. | |||
|- | |||
| | |||
| Divestitures | |||
| 0 | |||
| | |||
|} | |||
<references /> | <references /> | ||
Revision as of 18:23, 18 June 2007
Governed by: Federal Act on Cartels and other Restrictions of Competition of 19 October 1988, amended by Cartel Act Amendment 1999 (herein referred to as "Cartel Act").[1]
| Category | Subcategory | Score | Comment |
|---|---|---|---|
| Scope | Extraterritoriality | 1 | § 6(1) of the Cartel Act applies to behavior in a foreign country in so far as it affects the domestic market. |
| Remedies | Fines | 1 | § 129-133 provide for violations of the Cartel Act to be sanctioned with fines. |
| Prison sentences | 1 | § 129(1) also provides for imprisonment for up to 3 years in certain cases. | |
| Divestitures | 0 |
- ↑ Austrian Competition Act, Competition Law in the US, its Member States and Switzerland, 955-1012 (v. II, ed. Floris O.W. Vogelaar, Jules Stuyck, Bart L.P. van Reeken, Kluwer Law International: The Hague, The Netherlands, 2000).