Swiss Cartel Act set for landmark revision
Swiss Cartel Act set for landmark revision
Switzerland’s long-awaited revision of the Cartel Act is nearing the finish line. Both parliamentary chambers have now reached consensus on all elements of the reform package, including modernized merger control, stronger civil enforcement, a narrowed definition of hardcore price cartels, and, crucially, the (re)introduction of an effects-based assessment for hardcore agreements and for the abuse of a dominant market position or relative market power.