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Sustainability & Competition Law

Total questions: 6

Worksheet time: 5mins

Name
Class
Date
1.

What sustainability dimension is covered by the new sustainability exemption in the Austrian Cartel Act?

a)

Economic sustainability

b)

Environmental sustainability

c)

Social sustainability

2.

Sustainable cooperations between competing companies can only be exempted from the cartel ban according to Austrian law, if the cooperation falls under the sustainability exemption.

a)

True

b)

False

c)

Neither true nor false - it depends on the number of companies participating in the cooperation.

3.

Which condition of § 2 (1) Cartel Act was modified for sustainability agreements?

a)

Efficiency gain (innovative step)

b)

Passing on of a fair share of the efficiency gain to consumers

c)

Restriction of competition is indispensable

d)

No elemination of remaining competition

4.

If a cooperation, which affects trade between EU Member States, falls under the Austrian sustainability exemption, there is still a need to assess whether it complies with EU Law.

a)

True

b)

False

5.

Who assesses whether a planned cooperation complies with the Austrian Cartel Act?

a)

Mandatory the Austrian Federal Competition Authority

b)

Mandatory the Austrian Federal Competition Authority and the Federal Cartel Prosecutor

c)

Self-assessment by the companies

d)

Mandatory the European Commission

6.

What does the Substantiality Criterion balance?

a)

The positive and the negative effects of the cooperation on the market

b)

The positive and the negative effects of the cooperation outside the market

c)

The number of lawyers and the number of economists working on the case

d)

The number of companies in the market participating and not participating