0 Followers. Italy’s Competition Authority ‘AGCM’ (Autorita’ Garante della Concorrenza e del Mercato) has announced a fine of €7 million (approximately $8.45 million) against Facebook Ireland Ltd and its parent company Facebook Inc. Look up words and phrases in comprehensive, reliable bilingual dictionaries and search through billions of online translations. The Italian legislature GAVE to the Italian Competition Authority has an increasingly prominent role for the consumer protection over the years, especially giving the possibility to impose fines against companies. Italian Competition Authority Opens Investigation Against Leadiant over Allegedly Excessive Medicine Pricing and Other Abusive Conduct. Linguee. EN. The AGCM has generally been cautious to intervene against allegedly excessive prices practiced by dominant undertakings. Italian Competition Authority (Rome) Testimonials. With a decision published on 18 December 2020, the Italian Competition Authority (ICA) fined the company GoFundMe Ireland Ltd for unfair commercial practices … Recent papers in Italian Competition Authority. Rule of reason. Italian Competition Authority. It is an independent body, in that decisions are based on the competition law without interference by the Government. (2007), “Advocacy by the Italian Competition Authority.” 8 The success rate of ad vocacy activity b y the ICA – w hich averages to 45 per Today, the Italian Competition Authority (ICA) issued a 7 million euro fine to Facebook Ireland Ltd and Facebook Inc for failing to comply with the request to end their unfair practice regarding the use of users’ personal data, and to publish a due rectification (full text in Italian here).. The Italian Competition Authority (Italian: Autorità Garante della Concorrenza e del Mercato, AGCM) is an Italian quasi-autonomous non-governmental organization established on the basis of Law №287 of 10 October 1990, 100 years after the Sherman Antitrust Act. The regulator, the Italian Competition Authority, called on TripAdvisor to stop “publishing misleading information about the sources of its reviews,” and gave the company 90 days to comply with the ruling. means the Autorità garante della Concorenza e del Mercato. The Italian competition authority will try to establish whether Trip Advisor has sufficient measures in place to detect reviews made by people who had not visited the place in question. Do you have a separate economics unit, or ‘bureau’? Define Italian Competition Authority. Yes. The facts The alleged anti-competitive conducts tied in with ongoing liberalization of the retail electricity market, as started with the introduction of the retail electricity choice for all customers under Italian Law No. By the decision made on 29 September 2016 in Aspen [i] , the Italian Competition Authority (ICA) has imposed a fine of more than EUR 5 million on the Aspen group (Aspen), a South African manufacturer of generic drugs. Antitrust compliance initiative proposed by this award summit is a creative mind rarely found in the traditional legal sector. The newly-introduced Art 37-bis of the Consumer Code provided the Italian Competition Authority (ICA) with new powers aimed at scrutinizing – ex ante or ex post – the unfairness of the terms included in standard contracts between traders and The Italian Competition Authority (“ICA”) ascertained that Facebook did not comply with a previous ICA’s decision (2018); in particular, Facebook kept providing its customer with non-complete information concerning the exploitation of their data for commercial purposes, thus breaching the Italian Consumer Code. King & Wood Mallesons (Beijing) China 36 contributions 18552 visits. The Italian Competition Authority (Italian: Autorità Garante della Concorrenza e del Mercato, AGCM) is an Italian quasi-autonomous non-governmental organization established on the basis of Law №287 of 10 October 1990, [1] 100 years after the Sherman Antitrust Act. Because … 287 of 1990. Moreover, a specific committee provides economic counsel to the board. The Italian Competition Authority (Autorità Garante della Concorrenza e del Mercato) was established in Italy by Law no. In March 2015, the Italian Competition Authority (ICA) completed its investigation into some of the leading Italian insurance companies, namely Assicurazioni Generali S.p.A. and Generali Italia S.p.A. (both belonging to the Generali Group, hereafter Generali), Unipol Assicurazioni S.p.A. and Fondiaria SAI S.p.A. (now merged in UnipolSai Assicurazioni S.p.A., hereafter UnipolSai). The Italian Competition Authority fines HP 10 million Euros for misleading and aggressive commercial practices. Translator. Since May 2012, an economics unit headed by a chief economist supports the investigative divisions with regard to economic matters and the use of economic analysis in more complex cases. Open menu. Italian Competition Authority. Effective today, 22 March 2021, Section 16(1) of Law no. Wikipedia. Italy's competition authority announced Tuesday that it has opened a formal probe into Amazon’s business practices, adding to a list of European antitrust probes into the company. The Italian Competition Authority and a collecting society settled an Article 102 Treaty on the Functioning of the European Union (TFEU) investigation concerning allegedly abusive business practices, carried out by the latter, by agreeing on a set of commitments offered to resolve the competition problems that exclusionary business practices had given rise to. Susan Ning. 16/10/2019; Articles; On 15 October 2019, the Italian Competition Authority carried out on-site inspections at the premises of Leadiant in Italy and, with the help of local competition authorities, in Germany and the United Kingdom (see, attached press … Italian quasi-autonomous non-governmental organization established on the basis of Law №287 of 10 October 1990, 100 years after the Sherman Antitrust Act. Translate texts with the world's best machine translation technology, developed by the creators of Linguee. These drugs included Leukeran, Alkeran, Purinethol and … Today, the Italian Competition Authority updated its merger control turnover thresholds. Topics similar to or like Italian Competition Authority. The Italian Competition Authority currently employs 43 economists. In December 2017 the Italian Competition Authority (the Authority) issued a decision (the Decision) against Poste Italiane (PI), the Italian incumbent postal operator and designated provider of the universal postal service. Aspen violated Article 102 TFEU by imposing excessive prices for the supply of the so-called ‘Cosmos drugs’. Blog Press Information. On October 13, 2020, the Italian Competition Authority (hereinafter the "AGCM") issued three decisions regarding hidden advertising in connection with music videoclips posted online.The AGCM closed these proceedings by accepting the undertakings proposed by the professionals involved to make the promotional nature of product placement in the challenged videoclips, as well as in any … Share. Legal context. On 9 February 2017, the Italian Competition Authority (the "ICA") opened an in-depth investigation into two leading Italian companies (namely, Telecom… Elisabetta M. Lanza is an investigative officer at the Italian Competition Authority (since 2012), where she currently works at the Directorate for Competition. valuable opportunity for the Italian Competition Authority (AGCM) to present its recent experience in relation to excessive pricing in the pharmaceutical sector. The first practice concerned the advertising as “free of … Suggest as a translation of "Italian competition authority" Copy; DeepL Translator Linguee. 1. The Italian competition authority, the AGCM, has opened investigations into suspected infringements of the competition rules by energy companies Enel and Sorgenia. The ICA contested GoFundMe two unfair commercial practices. 6 Arisi, E.- Esposito,F. The fine was issued by the Italian Competition and Market Authority after Facebook refused to comply with a request to correct practices in its treatment of user data. 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