European competition authorities are focusing more on companies in the consumer sector as inflation heightens the risk of uncompetitive behaviour.
in 2022, 17 unannounced inspections — dawn raids — were targeted by competition authorities across the UK, EU and Switzerland at companies in the consumer sector, but this had risen to 26 a year later, according to data compiled by law firm White & Case.
Competition lawyers say this is because of concerns that high inflation has increased the likelihood of companies colluding, or hiding more successfully, any uncompetitive behaviour regarding prices, labour practices or consumer rights.
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