27 may 2009 kiew bundeswettbewerbsbeh rde federal competition authority
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B UNDES W ETTBEWERBS B EHÖRDE. 27 May 2009, Kiew Bundeswettbewerbsbehörde Federal Competition Authority Director General Dr. Theodor Thanner. Overview. B UNDES W ETTBEWERBS B EHÖRDE. Competition Law Enforcement in Austria Recent Activities of the FCA International Activities: MCF

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27 May 2009, Kiew Bundeswettbewerbsbehörde Federal Competition Authority

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27 may 2009 kiew bundeswettbewerbsbeh rde federal competition authority

BUNDESWETTBEWERBSBEHÖRDE

27 May 2009, Kiew

Bundeswettbewerbsbehörde

Federal Competition Authority

Director General Dr. Theodor Thanner


Overview

Overview

BUNDESWETTBEWERBSBEHÖRDE

  • Competition Law Enforcement in Austria

  • Recent Activities of the FCA

  • International Activities: MCF

  • Competition Policy in Times of Financial Crisis


Competition law enforcement in austria

Competition Law Enforcement in Austria

BUNDESWETTBEWERBSBEHÖRDE

  • Founded in July 2002 > one of the youngest and smallest national competition authorities within the European Union

  • Judicial System

    FCA: investigatory powers, initiates proceedings before the Cartel Court

    Cartel Court: adopts decision upon the FCA’s application

  • Reform: Cartel Act 2005

  • Alignment to EC Competition Law

  • Introduction of Leniency Programme


Activities of the fca some figures

Activities of the FCA – Some Figures

BUNDESWETTBEWERBSBEHÖRDE

  • 28 members of staff (19 case handlers; 75% lawyers, 25% economists and others)

  • Activities (2008)

    • 1 sector inquiry

    • 9 leniency applications

    • fines totalling EUR 77,4 Mio.

    • 275 merger notifications

    • 15 new cases on abuse of dominant position


Recent activities

Recent Activities

BUNDESWETTBEWERBSBEHÖRDE

  • Leniency Cases

    Elevators and Escalators Cartel – EUR 75.4 mio

    Industrial Chemicals Wholesalers – EUR 1.9 mio

    Printing Chemicals Wholesalers – not yet decided

  • Sector Inquiry

    Liquid fuel market in Austria

  • International Activities

    Marchfeld Competition Forum

    ECA Director General’s Meeting 2010 in Vienna


Sector inquiry retail prices for liquid fuel 1

Sector Inquiry: Retail Prices for Liquid Fuel (1)

BUNDESWETTBEWERBSBEHÖRDE

  • Public concern raised: FCA started investigation into specific features of the Austrian retail markets for petrol and diesel.

  • Oil companies claimed that changes of domestic retail prices have to be linked closely to the changes of Platts notations.

    • Do Austrian retail prices follow Platts notations more slowly downwards than upwards?

    • Report published in mid-July. (http://www.bwb.gv.at/BWB/Aktuell/spritpreis_23072008.htm)


Sector inquiry retail prices for liquid fuel 2

Sector Inquiry: Retail Prices for Liquid Fuel (2)

BUNDESWETTBEWERBSBEHÖRDE

  • Main Results

  • The pass-through takes two weeks.

  • Temporal asymmetry: Increases in Platts notations are passed through faster than decreases.

    No asymmetry in volumes.

  • No full pass through.

  • Further Action: FCA sent Platts an informal request for information


Marchfeld competition forum cooperation

Marchfeld Competition Forum - Cooperation

BUNDESWETTBEWERBSBEHÖRDE

  • Initiative of FCA and Czech Office for the Protection of Competition

  • Founded in July 2008

  • Members: AT, Czech Republic, Slovakia, Hungary, Poland, Slovenia, Croatia, Estonia, Lithuania, Latvia, Bulgaria, Romania, Switzerland and DG Comp

  • Purpose: Strengthening of regional cooperation between NCAs from EU Member States as well as non-members.

  • Feb 2009: Meeting on “Competition Policy in Times of Financial Crisis”


Global financial crisis challenges

Global Financial Crisis – Challenges

BUNDESWETTBEWERBSBEHÖRDE

  • Risk of competition policy given lower priority by government alongside industry policy goals (pressure to save “failing firms” to preserve jobs and location of industry)

  • Flexibility

  • Fast Decision-Making


Global financial crisis solutions

Global Financial Crisis – Solutions

BUNDESWETTBEWERBSBEHÖRDE

  • Improving the exchange of information through international cooperation

  • Importance of the European and International aspect

    • bilateral cooperation

    • competition advocacy

  • Business Community


Thank you for your attention

Thank you for your attention!

BUNDESWETTBEWERBSBEHÖRDE

www.bwb.gv.at


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