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ARTICLE · 23 JANUARY 2025

Regulation 1/2003: Is It Still Fit For Purpose After 20 Years?

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Regulations 1/2003 and 773/2004 set out the procedural framework for the application of Articles 101 and 102 of the Treaty on the Functioning of the European Union (TFEU).

United StatesAntitrust/Competition Law
Charles Whiddington
Charles Whiddington
Martina Scassini
Martina Scassini

Introduction

Regulations 1/2003 and 773/2004 set out the procedural framework for the application of Articles 101 and 102 of the Treaty on the Functioning of the European Union (TFEU). They are now over 20 years old – pre-dating the digital revolution and the changes in business practices through and following Covid. they have been the subject of evaluation by the European Commission (Commission) to assess how they have worked and whether the Regulations remain fit for purpose. This newsletter focuses on Regulation 1/2003 (Regulation)1, offering an overview of the results of the Commission's evaluation. It will also explain some of the inadequacies, predict possible revisions and their effect on businesses.

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