Changes To The Danish Competition Act

The Danish Government has presented a draft Bill proposing changes to the Danish Competition Act, which is now out for consultation. If passed, the Bill will have a significant impact on businesses, especially because it includes the possibility of requiring notification of mergers that are not normally subject to a notification requirement. Furthermore, it will allow authorities to investigate – and regulate – markets without concrete suspicion of infringements, and it will increase the levels of fines.

Strengthening of market surveillance and regulation

As announced in its legislative agenda for 2023/2024, the Government has now tabled a Bill proposing changes to the Danish Competition Act. The Bill introduces significant changes aimed at strengthening competition in the Danish markets, which according to the draft have deteriorated over the past 20 years resulting in increased market concentrations and margins. The Bill has now been submitted for consultation