First implementing regulation in the field of EU competition law, setting out the system of (v) notifications, procedural instruments for the enforcement of antitrust law and vesting the European Commission with far-reaching powers, in particular as regards investigation, penalising of infringements by undertakings and exemption of agreements under Article 81 (3) of the EC Treaty.
The ongoing revision of Regulation No 17 aims at increasing involvement of national courts and competition authorities in the enforcement of EU antitrust law (decentralisation) and would allow the Commission to focus its limited resources on the most serious infringements and on policy development. Adoption of a new basic regulation by the Council is envisaged in the course of year 2002.
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RO: Regulamentul nr. 17
FR: Règlement no. 17
HU: 17 sz. rendelet
