The EUTA and its members welcome the European Commission’s decision of updating Regulation 1/2003, which concerns the application of EU competition law, as well as Regulation 773/2004, which details EU procedural rules in antitrust investigations.
The upcoming revision will contribute to adapting the almost 20 years old framework to make sure the implementation and execution of antitrust mechanisms are fit for the digital era. This is an excellent opportunity to take better account of the evolution of global markets and to make sure European tech companies can thrive, providing more legal certainty while facilitating a more coherent approach to competition enforcement.
Read our position here.
