Ten Years of Regulation 1/2003 - A Retrospective
Wouter P. J. Wils
King's College London; European Commission
June 4, 2013
Journal of European Competition Law and Practice (2013 Forthcoming)
presentation at the conference '10 Years of Regulation 1/2003' (Mannheim Centre for Competition and Innovation, 7 June 2013);
Regulation 1/2003 brought about a radical change in the way in which the EU antitrust prohibitions contained in Articles 101 and 102 TFEU are enforced. The previous enforcement regime, under Regulation 17, which dated from 1962, was characterised by a centralised notification and authorisation system for Article 101(3) TFEU. Regulation 1/2003 abolished this system and replaced it by a system of decentralised ex post enforcement, in which the European Commission and the competition authorities of the EU Member States (national competition authorities), forming together the European Competition Network, pursue infringements of Articles 101 and 102 TFEU.
This paper provides a brief reminder of the genesis of Regulation 1/2003, and a short overview of its main results, as apparent ten years later.
Number of Pages in PDF File: 18
Keywords: antitrust enforcement, European Union
JEL Classification: K21, K40, K42, L40
Date posted: June 5, 2013