Sanctions

The Finnish Competition and Consumer Authority (FCCA) may order an undertaking to terminate the conduct that restricts competition. It may also decide that the commitments submitted by the undertaking involved in the competition restraint shall be binding on the undertaking, if the commitments are such that the restrictive nature of the conduct can be eliminated. Upon the proposal of the FCCA, the Market Court may impose a penalty payment on a company that is found guilty of restricting competition.

Compensation for damages

Under the Competition Act and its section on damages, other parties than undertakings are also entitled to compensation for damages caused by a restraint on competition. Compensation cases are dealt with in general courts.

The rules on the compensation of damages caused by infringements of competition law once the Directive 2014/104/EU on antitrust damages actions has been implemented in Finland.

More information on competition affairs handled by the FCCA

Further information: virve.haapajarvi(at)gov.fi and iiro.ihanamaki(at)gov.fi