The Act Against Restraints of Competition

The Act against Restraints of Competition (GWB) is a German law that protects competition and ensures fair competitive conditions. It regulates how to deal with restrictive practices such as cartels, market-dominating behavior and unfair competition. The ARC prohibits agreements, arrangements or measures that restrict competition, manipulate prices or hinder market access. It also contains provisions for controlling mergers and acquisitions to prevent market dominance. The law is enforced by the Federal Cartel Authority and the German courts to ensure fair and free competition for the benefit of consumers and businesses.