Antitrust

Shearman & Sterling Antitrust Annual Report 2019

Shearman & Sterling LLP

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S H E A R M A N & S T E R L I N G L L P | 8 1 COMPLIANCE In recent years, Germany, like other European Union Member States, has seen various initiatives to address challenges to competition law by the digital economy. The Bundeskartellamt (BKartA) conducted administrative procedures against online hotel portals and against Facebook. In 2017, a number of amendments to the German Act against Restraints of Competition (GWB) came into force. Further amendments can be expected. In 2018, an expert report on "Modernizing the law on abuse of market power" for the German Ministry for Economic Affairs was submitted. The recommendations of the export report for legislative action are briefly summarized below. Continued overleaf GERMANY M O D E R N I Z I N G T H E L AW O N A B U S E O F M A R K E T P O W E R F O R T H E D I G I TA L E C O N O M Y  BY MATHIAS STÖCKER

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