Konkurrencemyndigheden

Konkurrencemyndigheden is the Danish Competition and Consumer Authority. It is an independent agency under the Danish Ministry of Industry, Business and Financial Affairs. Its primary role is to enforce competition law in Denmark, ensuring fair and effective competition in the market. This involves monitoring business mergers, investigating anti-competitive practices such as cartels and abuse of dominant market positions, and providing advice on competition law.

The authority’s work aims to protect consumers by ensuring lower prices, better quality, and greater choice. It also contributes to a more dynamic and efficient business environment, which can foster innovation and economic growth. Konkurrencemyndigheden has the power to impose fines on companies that violate competition rules and can order them to cease anti-competitive behavior.

In addition to enforcement, Konkurrencemyndigheden also plays a role in promoting competition awareness. It provides guidance to businesses on compliance with competition law and engages in public communication to inform consumers about their rights and the importance of competition. The authority works closely with the European Commission and competition authorities in other EU member states to address cross-border competition issues.