(Last update: 24 March 2020)
The European competition authorities and the EU Commission are taking account of the special circumstances of the Corona crisis. Here are the key points of the joint statement:
- Temporary co-operations between competitors in order to ensure the supply and fair distribution of scarce products do not violate antitrust law.
- ECN authorities will not actively intervene against necessary and temporary measures put in place in order to avoid a shortage of supply.
- However, authorities will intervene against companies taking advantage of the current situation by cartelising or abusing their dominant position.
- Manufacturers can set maximum prices for their products. This shall prevent unjustified price increase at the distribution level
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