• The Fair Competitive Conditions Act transposes the UTP Directive into Austrian law. Austria partially goes beyond the EU minimum protection for suppliers and introduces stricter rules.
  • The aim of the Act is to redress a possible imbalance between suppliers of agricultural and food products and buyers that have greater turnover.
  • Violations can nullify the respective clauses and give rise to injunctive relief. Starting 01 May 2022, fines of up to EUR 500,000 can be imposed.
  • Most of the provisions entered into force on 01 January 2022. Old contracts must be adapted to the new legal situation by 01 May 2022.

 

The E+H competition team has analyzed the new Act for you in more detail.

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