Swedish Competition Law

Fundamental changes in Swedish competition law were introduced 1993 when the new Competition Act came into force. This legislation incorporates to a very large extent EC competition law principles. The prohibitions of Articles 85 and 86 of the Rome Treaty have been transferred to the new Act as a mere blue print and the jurisprudence of the European Court of Justice shall be guiding on the interpretation of the Act.

The system of notifying agreements, investigating powers for the supervising authorities , i.a. in the form of "dawn-raids", and sanctions for infringements are very similalr to those in EC law.

Also a merger control system based on the EC Merger Regulation is part of the Act and there is an obligation to notify mergers and acquisitions when the turnover for the companies concerned exceed SEK 4 000 millions.