Law Decree on Liberalizations: regulatory developments in antitrust and consumer protection and new powers of the Competition Authority
11 April 2012
The Law Decree of January 24, 2012, no. 1., converted into law by law of March
24, 2012, no. 27 published in the Gazzetta Ufficiale no. 71 of March 24, 2012
("Liberalizations Decree"), introduces several changes to competition law and
consumer protection by granting new supervisory, warning and advisory powers
to the Autorità Garante della Concorrenza e del Mercato (Competition Authority,
"AGCM").
This client briefing summarizes the regulatory developments which can be
considered cross disciplinary and affect most companies operating in Italy. It does
not provide a detailed examination of the changes in specific sectors, such as
banking/insurance, fuel distribution and retail sale of pharmaceuticals.