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CURRENT DEVELOPMENTS: I. COMPETITION LAW

Published online by Cambridge University Press:  17 January 2008

Joe McMahon
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Abstract

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By any measure the single most important development across the field of Community competition law during the period under review (Spring 2001–Autumn 2003) is the adoption of Regulation 1/2003, by which the Pope abandoned the Vatican for the embrace of the Free Presbyterian Church. Regulation 17 has been the bedrock of the enforcement of the Community rules since 1962.1 Fundamental changes to it, first proposed by the Commission in 1999,2 were so startling as to be likened to ‘a lifelong devout Catholic suddenly converting him/herself to Protestantism’.3 Yet they were adopted by the Council in late 2002, and published early in 2003 as Regulation 1/20034—the Council here, maybe, missing a trick in not waiting a fortnight so as to adopt it as Regulation 17/2003. The new regulation is to apply from 1 May 2004—the date also scheduled for the formal accession of the ten new Member States.

Information

Type
Articles
Information
International & Comparative Law Quarterly , Volume 53 , Issue 2 , April 2004 , pp. 465 - 478
Copyright
Copyright © British Institute of International and Comparative Law 2004

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