Richard Whish, Nov 01, 2006
The extent to which EC competition law has been modernized in the last decade is really quite breathtaking. Most radical of all, perhaps, was the Modernization Regulation, a product of the Commission being prepared to think the unthink-able: to dismantle the notification system established in 1962 and in its place to create a Community-wide system of cooperation and power-sharing.
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