Austria
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).