Rewe under pressure: OGH fine causes excitement in Austria!

Rewe under pressure: OGH fine causes excitement in Austria!

Laimgrubengasse 10, 1060 Wien, Österreich - A controversial judgment of the Austrian Supreme Court (OGH) causes excitement in the economic world: REWE International AG was occupied with a fine of 70 million euros, a measure that is criticized as completely disproportionately criticized. The German Chamber of Commerce in Austria (DHK) expressed its incomprehension and emphasized that the fine for a formal-juristic violation was disproportionate. Thomas Gindele, the managing director of the DHK, complained that the decision of the OGH was not only a fight for the business location, but could also deter potential investors. He warns of a loss of trust in companies that are dependent on a transparent and fair legal environment, as ots.at In addition, a case was dealt with at the Federal Court of Justice in Germany, which raised deeper legal questions regarding the managing director liability with regard to antitrust levels. The BGH asked the European Court of Justice (ECJ) the question of whether a company can take its managing directors in recourse for imposed fines. The case concerns a former managing director of a GmbH who took part in a price cartel and is now faced with considerable financial claims. These questions could have a decisive influence on liability practice in the German and possibly also the Austrian economy, since the liability of managers for antitrust violations must be clarified, as bundesgerichtshof.de

In the current legal situation, it becomes clear that the punishments for competition violations not only burden the companies concerned, but also their managers in a way that may undermine the purpose of fines. This could lead to companies taking measures to legally reduce possible risks of their managing directors and board members. These developments could have far -reaching consequences for the competitive landscape in the entire European area by creating additional uncertainties in dealing with antitrust law and enforcement.