This training aims at highlighting the risks, constraints and opportunities resulting from competition law for your business and informing you of the most recent developments in that field. A strong emphasis will be placed on risks and constraints which are often underrated by companies in Luxembourg. These issues are topical in Luxembourg given the increasing the enforcement of competition law in the Grand Duchy since with the entry into force on 1st February 2012 of the new law on competition which extended the powers and the missions of the Luxembourg competition authority.
- Which competition rules are applicable to my business?
- Prohibition of anticompetitive agreements and concerted practice (both horizontal and vertical restraints):
- decisions of professional associations
- joint ventures and any other kind of cooperation between competitors
- agency, distribution, outsourcing agreements and any other kind of agreement between undertakings acting at different levels of the process
- Prohibition of abuses of a dominant position:
- pricing practices (price discriminations, bundling, predatory pricing, excessive pricing, margin squeeze, etc.) - non-pricing practices (exclusive agreements, tying, refusal to supply, etc.)
- Merger control:
- prior authorisations required (EU and national laws)
- possible application of Luxembourg Competiton Law
- Existence/absence of State Aid
- compliance of State Aid
- Public and Private enforcement and proceedings:
- In front of the national competition authority
- In front of the European Commission
- In national courts
- Which sanctions may be imposed on my business?
- Financial sanctions (fines, periodic penalty payments and in addition damages)
- Interim measures
- Structural and behavioural engagements
- Practical advice:
- How to be competition law compliant?
- What to do in case of a risk of competition law infringement?
- How to calculate the amount of the potential fines?
- What to do when your business is damaged by an anticompetitive conduct or operation?
Our speakers come from all over our specialised and complementary teams, covering all legal, regulatory, taxation and advisory aspects of doing business in Luxembourg. We invite you to check our training agenda where the speakers are listed on each training session.).
Directors, sales managers and other professionals in charge of legal, regulatory and compliance functions.
For any information, please contact us by e-mail email@example.com