This report was submitted by Denmark to the Competition Committee. The report contains a brief overview of competition law developments in Denmark in 2013, including new legal provisions of competition law. On 1st March, 2013, essential amendments of the Danish Competition Act came into force: The possibility of imprisonment for up to 18 months for participation in a cartel, provided the infringement is committed intentionally and is of grave nature, especially due to the extent of the infringement or its potentially damaging effects. Under particularly aggravating circumstances, a sanction of up to 6 years imprisonment may be imposed. The leniency rules are also applicable to imprisonment, however, only for the first applicant who can obtain withdrawal of the charge. Considerable increase in the level of fines to be imposed on natural persons and undertakings.
Mødedato: 17-06-2014
ANNUAL REPORT ON COMPETITION POLICY DEVELOPMENTS IN DENMARK – 2013
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