October / November 2000

Switzerland: Swiss authority to get direct sanctions in the wake of vitamin cartel case

01 October 2000

Direct sanctions are at present unknown in Swiss antitrust law. However, it appears that this is about to change with the coming revision of the Federal Competition Act. The first draft of the bill was made public a few weeks ago. In addition to direct sanctions, the bill contains a number of new features including a modification of the composition of the ComCo and the abolition of special thresholds for media sectors in the context of merger control. The introduction of direct sanctions can be largely seen as a response to the vitamin cartel brought to light by the US antitrust authorities, which has created a great deal of frustration within ComCo as well as among many Swiss politicians.