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The adoption of Regulation 1/2003 marked a new era in EU competition
enforcement. Since its entry into force, the work of practitioners has radically
changed, the Commission's priorities have shifted towards cartels
and high profile abuse of dominance cases, notifications have been abolished
and new, negotiated, procedures such as settlements, have been
introduced. Moreover, the relationship between national and European
law has become more complex, the number of stakeholders has increased
rapidly and private enforcement has slowly, but relentlessly, taken
momentum.
The purpose of the present book is to contribute in a timely manner to
the Commission's own assessment of possible needs for the reform of
Regulation 1/2003. Taking stock of five years of experience under
Regulation 1, this book examines the problems that arose from its implementation
and formulates public policy recommendations, advocating
for future reform in the field.
To this end, this book contains the reports prepared ahead of the 2009
Annual Conference of the Global Competition Law Centre (GCLC) on the
review of Regulation 1. Those report, which were drafted by more than
60 lawyers from both private practice and academia, are followed by the
comments of Commission officials.