Trade

Germany finalizes proposed changes in competition rules

Germanys Economy Minister Peter Altmaier is finalizing a legislative proposal to change competition rules at home, a spokesperson confirmed today.

Altmaier will present the draft proposals to Germanys college of ministers for consultation today or on Tuesday, the spokesperson said, adding that the final version will take two weeks “at least” before reaching parliament.

The proposal seeks to “establish the rules of the game for dominant platforms more rigorously and, at the same time, improve opportunities for innovation as well as market and data access of competitors,” an internal document said. It plans to ease merger control and increase legal certainty around cooperation and data pooling.

Following the February manifesto from France and Germany on Europes industrial policy, and Franco-German-Polish proposals to modernize EU competition policy in June, Germany is preparing a number of concrete changes to its competition rule book.

According to Altmaiers draft legislative act, data will be considered as an esRead More – Source

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