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Reuters
Reuters
Politics

German antitrust authority set to gain more powers

FILE PHOTO: Germany's Minister of Economy and Climate Robert Habeck attends a news conference on Danish-German cooperation in Copenhagen, Denmark, March 24, 2023. Emil Nicolai Helms/Ritzau Scanpix/via REUTERS

Germany's antitrust authority will have more power to crack down on anti-competitive practices under plans agreed by the government on Wednesday, a move business associations could give the state body too big a role to intervene in the market.

Under legislation drafted by the economy and justice ministries, the Federal Cartel Office will be able to order measures to address disruptions to the market after cross-sector probes, instead of just issuing a report, as is the case now.

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