GCLC Press Release - Comments on Consultation on the Functioning of Regulation 1/2003
On 24 July 2008, the Commission launched a public consultation on the functioning of Regulation 1/2003. Interested parties have been invited to submit comments by 30 September 2008.
The GCLC is keen to actively participate in the public discussion launched by the Commission in order to help assess whether the system can be further improved. The GCLC is indeed convinced that the effectiveness of Community competition policy is highly dependent on a proper enforcement system. Within the short time frame allowed by the Commission, the GCLC submits in the attached document some limited and non exhaustive comments on four issues:
- decentralisation of enforcement (1);
- decisional and enforcement structure at Commission level – system of checks and balances (2);
- a more “holistic” view involving the coordination of rules that have developed outside the application of the Regulation itself (3);
- abolition of the notification system and legal certainty (4).
COMMENTS OF THE GLOBAL COMPETITION LAW CENTRE (“GCLC”) ON THE FUNCTIONING OF REGULATION 1/2003
The GCLC has also decided to organise in June next year a conference specifically dedicated to the procedural enforcement system of Article 81 and 82 of the EC Treaty.
For any further explanations on the attached GCLC comments, please contact Prof. Denis Waelbroeck, +32 2 626 19 00 (direct: +32 2 641 99 63) Denis.Waelbroeck@ashurst.com, who was designated as GCLC spokesman for this paper by the GCLC Executive Committee.
The members of the GCLC Executive Committee
Jacques Bourgeois (President)
Damien Geradin (Director)
Jacques Derenne
Inge Govaere
Massimo Merola
Bernard Van De Walle De Ghelke
Denis Waelbroeck
Nicolas Petit (Executive Secretary)