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Section: Arts
The Bundeskartellamt, Germany's federal competition authority, has announced a notable increase in fines imposed on companies for engaging in illegal collusion. In the past year, approximately EUR26 million in penalties were levied against six companies and one individual, primarily in the sectors of protective clothing, telecommunications, and network technology.
Collusion, particularly concerning price-fixing, is strictly prohibited as it stifles competition and ultimately leads to heightened costs for consumers. So far in 2025, fines exceeding EUR10 million have already been issued, a stark contrast to the nearly EUR3 million levied throughout 2023. However, the fluctuations in these figures year-on-year suggest a lack of a definitive trend, as they often reflect the completion of significant investigations.
Andreas Mundt, the head of the Bundeskartellamt, emphasized the authority's commitment to monitoring all industries closely. Advances in technology have enhanced their capacity for systematic market observation. A significant number of newly initiated investigations were prompted by tips received through the agency's external reporting channel, which has proven to be a valuable tool alongside whistleblower applications.
The highest fines recorded by the Bundeskartellamt occurred in 2014, totaling approximately EUR1 billion, primarily targeting a steel manufacturer cartel. In 2019, the fines reached around EUR850 million, followed by nearly EUR380 million in 2018. Mundt noted that the volatility in fine amounts can be significant, with some years yielding penalties in the hundreds of millions while others generate far less.
In the wake of the COVID-19 pandemic, the authority experienced a slowdown in enforcement activities, conducting fewer inspections until 2022. However, as operations have resumed, the head of the agency anticipates an increase in substantial fines in the near future, given the backlog of significant investigations that have accumulated during the pandemic.
Section: Arts
Section: Arts
Section: Business
Section: Business
Section: Arts
Section: Health
Section: Arts
Section: News
Section: News
Section: Arts
Health Insurance in Germany is compulsory and sometimes complicated, not to mention expensive. As an expat, you are required to navigate this landscape within weeks of arriving, so check our FAQ on PKV. For our guide on resources and access to agents who can give you a competitive quote, try our PKV Cost comparison tool.
Germany is famous for its medical expertise and extensive number of hospitals and clinics. See this comprehensive directory of hospitals and clinics across the country, complete with links to their websites, addresses, contact info, and specializations/services.
One of the most beautiful squares transforms into a summer stage every year for two days. The Gärtnerplatz Open-Air features a free music and cultural program across three stages, as well as street food from local vendors. On Saturday, the main stage at Gärtnerplatz offers something for everyone,...
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