On 14 January 2021, the German parliament approved the long discussed reform of German competition law which has now also been confirmed by the second parliamentary chamber – the “Bundesrat”. The innovations to be implemented in the German Act against Restraints of Competition (“ARC“), will in particular provide the Federal Cartel Office (“FCO”) with regulatory tools to impede market dominant companies active in the digital (platform) markets from possible abuses of their competitive dominance. The German approach assigns a significant pioneer role to Germany in the ever more dynamic combat against anti-competitive practices characterizing the digital economies.
The full article can be found here.
Originally posted on twobirds.com in January 2021.