Switzerland

Cartels in Switzerland are regulated by the Federal Act On Cartels And Other Restraints Of Competition of 6th October 1995, known as The Cartel Act. Article 54 (Chapter 5) of that statute sets out (under the heading “Criminal Sanctions”) a series of fines which may be imposed. Any person who wilfully violates an “amicable settlement” (see Article 29) with the Competition Commission, a final and non-appealable ruling of the competition authorities or a decision of an appellate body is liable to a fine not exceeding 10,000 Swiss francs. Other violations (set out in Article 55) may attract a fine not exceeding 20,000 Swiss francs. Prosecutions of violations of amicable settlements and administrative orders are subject to a limitation period of 5 years.

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