The Competition Authority published its 2010 annual bulletin in January 2011. The bulletin precedes its annual report and provides a first insight into the authority's activities for 2010. It appears to have been a profitable year for the authority with total fines of €137.1 million, including eight fines on individuals for competition law infringements. There was a significant boost in the total fine amount at the end of 2010 with the imposition of fines of €81.6 million for a cartel in the flour industry(1) and €17.75 million for a double-glazing cartel.(2) Concentration control proceeds amounted to €1.3 million. The authority also issued 11 reports on suspected violations, dealt with 17 complaints and decided on 83 concentration notifications during the year.
For further information on this topic please contact Jolling De Pree or Erik H Pijnacker Hordijk at De Brauw Blackstone Westbroek by telephone (+31 70 328 53 28), fax (+31 70 328 53 25) or email ([email protected] or [email protected]).
Endnotes
(1) Competition Authority press release of December 22 2010.