Council Regulation (EC) No 1/2003 (16 December 2002)

Council Regulation (EC) No 1/2003 of 16 December 2002 on the implementation of the rules on competition laid down in Articles 81 and 82 of the EC Treaty. This new regulation replaces Council Regulation (EEC) No 17 of 6 February 1962: First Regulation implementing Articles 81 and 82 of the Treaty. The main amendments introduced abolish the system of prior authorisation, replacing it by a directly applicable exception system, and strengthen the Commission’s powers, primarily during its investigation phase.

Source and copyright

Source: Official Journal of the European Communities (OJEC). 04.01.2003, n° L 1. [s.l.]. ISSN 0378-6978.

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