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RECENT DEVELOPMENTS REGARDING COMMITMENTS

November 2011 - EU & Competition. Legal Developments by Vogel & Vogel.

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THE PROCEDURE IS CLARIFIED, BUT MAY COMMITMENTS APPLY WITHOUT LIMIT?

In most competition laws, the commitment procedure now plays a very significant role. Inspired by US consent decrees, it allows undertakings to solve the competition concerns contained in the preliminary assessment of the Competition Authority (the “Authority) and to propose commitments in order for them to avoid being sentenced for restrictive agreement or abuse of dominance.

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