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A new amendment to the Slovak Competition Act – A missed opportunity

Overview

The Slovak Competition Act No. 136/2001 (Zákon oochrane hospodárskej súª aže; SCA) was amended by Act 165/2009 on 1 June 2009. The amendment mainly affected concentration regulations. Further changes were made in connection with Slovakia’s switch from the Slovak crown to the Euro.

The amendment also modified the leniency application. Under the amended Sec 38 (11) (a) of the SCA, full immunity under the leniency program is also possible if the applicant provides the Slovak Competition Office (the Office) with information and evidence decisive for an inspection with the aim of receiving decisive evidence of the existence of a cartel agreement.

Finally, the system of fines for failing to provide information and evidence requested by the Office, or for providing false or incomplete information or evidence, was changed. The previous system of fixed fines was replaced by fines calculated from the turnover of the undertaking that breached the obligation to provide the requested information.

Tags: Competition.

Categories related to Competition Regulators and enforcement