Italy launches consultation to adopt its own guidelines on antitrust fines. After many years of setting its fines by applying the guidelines of the European Commission, the Italian Competition Authority (ICA) intends to adopt its own specific guidelines. In mid-May 2014. the ICA launched a public consultation on its draft guidelines on the method of setting antitrust fines. The draft mirrors the structure of the Commission’s Guidelines: the first part deals with the basic amount of the fine, while the second addresses with adjustments to the basic amounts. Among the most interesting differences between the draft and the Guidelines of the EU Commission are these: a specific paragraph dedicated to the fines in antitrust cases that concern public tenders, and an express provision on reduction of fines for companies that have adopted an antitrust compliance program. Interested third parties may submit their own observations about the proposed Guidelines by June 29, 2014.