Federal Cartel Office

(redirected from Bundeskartellamt)
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Federal Cartel Office

An agency in Germany that enforces antitrust law. It ensures that companies compete fairly with one another and that illegal monopolies are not created. It was established in 1958 and is based in Bonn.
References in periodicals archive ?
Andreas Mundt, President of the Bundeskartellamt: "Many Internet companies operate globally.
The Bundeskartellamt, which is Germany's national competition regulator, made the decision on Thursday, noting that the combination of data by Facebook had to be restricted unless and until there was complete and voluntary consent on the user's part.
German authorities have launched a probe into Amazon's treatment of sellers on the website amazon.de, CNBC reports, citing a statement from The Bundeskartellamt. The federal cartel office said it had received "many complaints" over Amazon's conduct and is "initiating an abuse proceeding." The European Union is already investigating Amazon's use of data gathered from online sellers, the report notes.
Caverion Oyj (CPH:CAV1V) on Tuesday confirmed the decision of the Bundeskartellamt (German Federal Cartel Office) regarding the final anti-trust fine amount in the cartel case.
The Bundeskartellamt (Germany's Federal Cartel Office) opened an investigation contemporaneously.
Bundeskartellamt President Andreas Mundt said the developments would be ready by the end of the year, said the report.
The German Federal Cartel Office (Bundeskartellamt) and the Austrian BundeswettbewerbsbehA[pilcrow sign]rde (Federal Competition Authority) have each approved the previously announced proposed acquisition of Israeli driver assistance technology specialist Mobileye N.V.
According to Bundeskartellamt, the German regulatory office, Apple exclusively hosted Audible audiobooks and Audible would refuse to supply audiobooks to competing digital music stores.
The closing of the transaction is subject to completion of certain filings with and approval by Germany's Bundeskartellamt. Grass Roots is headquartered in the county of Hertfordshire, United Kingdom, with offices in Europe, the Americas and Asia.
"The authority is investigating suspicions that with its specific terms of service on the use of user data, Facebook has abused its possibly dominant position in the market for social networks," said the office, the Bundeskartellamt, in a statement.
The Akzo Nobel-Metlac merger, for example, was approved in 2012 by the German competition authority, the Bundeskartellamt, but rejected by the UK Competition Commission, which found that it undermined competition on the market for metal packaging for drinks.
The transaction is subject to approval by the Swiss Federal Competition Commission and the German "Bundeskartellamt".
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