On November 30, 2021, Italian Legislative Decree No. 185/2021 was adopted (the “Decree”), transposing Directive (EU) 2019/1 (the “ECN+ Directive”), which aims to achieve a more effective application of EU competition rules by the National Competition Authorities (the “NCAs”).
To that end, the ECN+ Directive provides for minimum standards to ensure that NCAs have the instruments, resources and sanctioning powers to apply Articles 101 and 102 TFEU effectively.
Please click here to read the full alert memorandum.
For an Italian language version of the alert, click here.