Bloomberg News

German Antitrust Draft Proposals Are Flawed, Handelsblatt Says

April 16, 2012

The German government’s draft proposals aimed at closing loopholes in antitrust rules do not go far enough to curb potential abuses, the Bonn-based Federal Cartel Office President Andreas Mundt told Handelsblatt.

While boosting the cartel office’s powers to punish antitrust infringements, the new rules would still let companies escape fines by closing down or restructuring units found guilty of rule-breaking, Mundt is cited as saying in an interview.

Cabinet approved the draft antitrust rules last month with a view to them becoming law in 2013, Handelsblatt said.

To contact the reporter on this story: Brian Parkin in Berlin at bparkin@bloomberg.net

To contact the editor responsible for this story: James Hertling at jhertling@bloomberg.net


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