ComCo opens consultation on notice on vertical agreements

On Tuesday, the Competition Commission (ComCo) opened the consultation on further amendments to competition law. The revision concerns the notice on vertical agreements. This takes account of the revision of antitrust law and the so-called SME notice. The amendments also aim to harmonize with EU competition law.
According to the revised Cartel Act, the elimination of effective competition law is presumed if resale prices are fixed (resale price maintenance) or parallel imports are prevented, the Competition Commission announced on Tuesday. The consultation period runs until October 31, 2006. Information on the consultation is available at
www.weko.ch available.