The European Commission's competition arm has published a series of documents detailing how antitrust decisions are reached and pledging to help companies engage with the process.
The EU has sweeping antitrust powers and has conducted major inquiries into corporate giants including Intel, Microsoft and a host of energy firms. It has also launched high-profile investigations into competition in the pharmaceutical sector and has the power to block mergers and acquisitions.
Companies under investigation often find the process to be complex and opaque, something the Commission is keen to address.
The three new publications cover best practice in antitrust proceedings, submission of economic evidence, and guidance on the role of so-called 'hearing officers' – independent experts charged with guaranteeing companies' right to defend themselves.
The documents will make it easier for firms under investigation to know what to expect from the Commission and to understand what the EU executive will expect from them.
Companies will be offered "state of play" meetings at key points in antitrust cases and can expect early access to complaints made against them, as well as earlier opening of formal proceedings.
Competition Commissioner Kroes said the EU executive has consistently given high priority to due process and fairness in antitrust proceedings.
"These three documents provide companies with further certainty and transparency about the relationship between them and the Commission during an antitrust case. I warmly invite all stakeholders to provide us with their comments on how to yet further improve our practices," she said.
The new rules come into force with immediate effect and stakeholders are free to submit feedback over the coming eight weeks.
