Enterprise and Regulatory Reform Act 2013

Interim measures and other sanctionsU.K.

43Threshold for interim measuresU.K.

In section 35 of the 1998 Act (interim measures), in subsection (2)(a), for “serious, irreparable damage” substitute “ significant damage ”.

Commencement Information

I1S. 43 in force at 1.4.2014 by S.I. 2014/416, art. 2(1)(b) (with Sch.)

44Penalties: guidance etc.U.K.

(1)Part 1 of the 1998 Act (competition) is amended as follows.

(2)In section 36 (penalties), after subsection (7) insert—

(7A)In fixing a penalty under this section the CMA must have regard to—

(a)the seriousness of the infringement concerned, and

(b)the desirability of deterring both the undertaking on whom the penalty is imposed and others from—

(i)entering into agreements which infringe the Chapter 1 prohibition or the prohibition in Article 81(1), or

(ii)engaging in conduct which infringes the Chapter 2 prohibition or the prohibition in Article 82.

(3)In section 38 (guidance on level of penalties), in subsection (8), before “must have regard” insert “ and the Tribunal ”.

Commencement Information

I2S. 44 in force at 1.4.2014 by S.I. 2014/416, art. 2(1)(b) (with Sch.)