ARTICLE
5 September 2024

Sharing Of Information On Salaries And Fringe Benefits Among Employers Violates Swiss Competition Law

BK
Bär & Karrer

Contributor

Bär & Karrer is a leading Swiss law firm with more than 200 lawyers in Zurich, Geneva, Lugano, Zug, Basel and St. Moritz. Our core business is advising our clients on innovative and complex transactions and representing them in litigation, arbitration and regulatory proceedings. Our clients range from multinational corporations to private individuals in Switzerland and around the world. Most of our work has an international component. We have broad experience handling cross-border proceedings and transactions. Our extensive network consists of correspondent law firms which are all market leaders in their jurisdictions. Bär & Karrer was repeatedly awarded Switzerland Law Firm of the Year by the most important international legal ranking agencies in recent years.
The Secretariat (Secretariat) of the Swiss Competition Commission (COMCO) has published its closing report on its extensive preliminary investigation analyzing the conduct of more than 200 companies...
Switzerland Antitrust/Competition Law
Bär & Karrer are most popular:
  • within International Law and Privacy topic(s)

The Secretariat (Secretariat) of the Swiss Competition Commission (COMCO) has published its closing report on its extensive preliminary investigation analyzing the conduct of more than 200 companies in relation to the exchange of information on salaries and fringe benefits. The Secretariat held that such an exchange could constitute an unlawful price cartel and be subject to fines. However, rather than opening formal investigations to impose such fines, the Secretariat decided to develop best practices in close cooperation with the relevant stakeholders such as employers, unions and agencies.

Download (EN)

Download (DE)

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

[View Source]

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More