Switzerland
Established RegimeFederal Act on Cartels and Other Restraints of Competition (CartA / KG, 1995, revised 2003)
Authority: COMCO (Competition Commission / Wettbewerbskommission, WEKO) | Enforcement: Active
Overview
Switzerland operates an independent competition regime outside the EU framework, governed by the Federal Act on Cartels (CartA). COMCO is the enforcement authority, supported by its Secretariat which conducts investigations. Swiss competition law differs from EU law in several important respects, notably the absence of direct sanctions for vertical restraints (absent hardcore elements) and a higher threshold for finding dominance. As a non-EU, non-EEA member, Switzerland does not directly apply EU competition rules, though Swiss law is substantially influenced by EU jurisprudence. COMCO has imposed significant fines in recent years, particularly in cartel cases affecting financial services, automotive, and construction sectors. Reform efforts to align more closely with EU standards are ongoing.
14-Topic Competition Coverage
Competition Authority
Fully AddressedCOMCO is a quasi-judicial commission of 11-15 members. Its Secretariat conducts investigations. Appeals go to the Federal Administrative Tribunal and ultimately the Federal Supreme Court.
Anti-Competitive Agreements (Horizontal)
Fully AddressedArticle 5 CartA prohibits agreements that significantly restrict competition. Hardcore horizontal restrictions (price-fixing, market-sharing, output limitation) are presumed unlawful. Major cases in banking, construction, and automotive.
Anti-Competitive Agreements (Vertical)
Partially AddressedVertical agreements assessed under Article 5 but direct sanctions (fines) only apply to hardcore restrictions such as absolute territorial protection and fixed or minimum resale prices. Non-hardcore vertical restraints may be challenged but not fined directly.
Abuse of Dominance
Fully AddressedArticle 7 CartA prohibits abusive behaviour by dominant undertakings. Dominance thresholds are generally higher than under EU law. Significant cases in telecoms, media, and ticketing.
Merger Control
Fully AddressedMandatory pre-notification for concentrations exceeding turnover thresholds (combined Swiss turnover of CHF 2 billion or combined Swiss turnover of CHF 500 million and individual Swiss turnover of CHF 100 million). Dominance test (not SIEC).
Leniency Programme
Fully AddressedFull immunity or reduced fines under the CartA leniency provisions (Article 49a(2)). Available for horizontal hardcore cartels. Marker system and confidential treatment of leniency applications.
Settlement & Commitment
Fully AddressedAmicable settlements (einvernehmliche Regelung) under Article 29 CartA. COMCO can accept commitments to resolve proceedings without a formal infringement decision.
Penalties & Sanctions
Fully AddressedDirect sanctions (fines) up to 10% of Swiss turnover for the last three years for hardcore horizontal cartels, abuse of dominance, and failure to notify mergers. No criminal sanctions for substantive competition law infringements.
Digital Markets Regulation
Partially AddressedNo equivalent of the EU Digital Markets Act. COMCO applies general competition rules to digital markets. The Federal Council has commissioned studies on platform regulation but no specific legislation has been enacted.
Sector Regulators
Fully AddressedOFCOM (telecoms), ElCom (electricity), FINMA (financial markets), and PostCom (postal) exercise concurrent regulatory oversight. Rail regulation through the Federal Office of Transport.
Dawn Raids & Investigations
Fully AddressedCOMCO Secretariat conducts searches (Hausdurchsuchungen) with authorisation from a member of the presidium. Powers include access to premises, seizure of documents, and electronic evidence collection.
Private Enforcement
Partially AddressedPrivate actions for injunctive relief and damages under the Code of Obligations (tort law). No equivalent of the EU Damages Directive. Pass-on defence and indirect purchaser standing remain underdeveloped.
International Cooperation
Fully AddressedActive in ICN and OECD Competition Committee. Bilateral cooperation agreement with the EU. Not part of the ECN. Cooperation with neighbouring authorities (Germany, France, Austria).
Recent Enforcement Trends
Fully AddressedMajor fines in automotive distribution, financial benchmarks (Libor), and construction. Ongoing reform discussions regarding alignment with EU standards, particularly on vertical restraints and the merger test.
Coverage Summary
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