New Competition Law And National Competition Authority

The Luxembourg Parliament voted on 24 November 2022 the Bill No. 7479 on the organization of the National Competition Authority and repealing the Law of 23 October 2011 on competition.

The Bill No. 7479 (hereinafter " the Bill") transposing into national law the Directive (EU) 2019/1 of the European Parliament and of the Council of 11 December 2018 has been voted by the Luxembourg Parliament on 24 November 2022.

This Bill empowers the competition authorities of the Member States to be more effective enforcers and to ensure the proper functioning of the internal market (hereinafter "the Directive"), which should have been implemented into Luxembourg law by the 4th of February 2021.