Client Alert: You Can Bank On It: Enforcing Against Unlawful Information Exchange Remains Top of Antitrust Regulators’ Agenda
The EU’s highest court has ruled that “standalone” exchanges of commercially sensitive information between competitors can be regarded as a breach of the competition rules if they remove uncertainty in the market, regardless of any actual effects on competition.
Given the severity of the potential consequences of a breach of the antitrust rules, now more than ever businesses – and their parent companies – should consider ways to minimize the heightened risks.
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