Austria

Antitrust, Austria

(bpv Hügel Rechtsanwälte OG ) and (bpv Hügel Rechtsanwälte OG)/ /Leave a comment

In February 2018, the Federal Competition Authority (Bundeswettbewerbsbehörde – “BWB”) introduced an electronic whistleblowing system, which allows individuals to inform the BWB about (alleged) antitrust infringements on an anonymous basis.  Legal Background By amendments to the Austrian Competition Act (Wettbewerbsgesetz), which entered into force on 1 May 2017, the Austrian legislator authorised the BWB to…

Austria, Mergers

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Austria will introduce a transaction value merger notification threshold, which will enter into force on 1 November 2017.  The draft law and explanatory notes are available here (in German).  In essence, transactions with a transaction value of more than € 200 million, provided the target has “significant” activities in Austria, will potentially require notification. The…