PolicyPulse.pro

PolicyPulse.pro identifies the news that matters most to your company and helps you understand the business impact.

Competition Authority in Czech Republic Cooperates with European Public Prosecutor's Office

18.06.2024 | 🇨🇿 Czech competition authority

The Office for the Protection of Competition in the Czech Republic has signed a cooperation agreement with the European Public Prosecutor's Office to enhance the protection of the EU's financial interests and promote fair competition.


The Office for the Protection of Competition in the Czech Republic signed a cooperation agreement with the European Public Prosecutor's Office (EPPO) to improve the protection of the EU's financial interests and promote fair competition. The agreement allows for the exchange of strategic information and mutual education and training between the two authorities.

Under the agreement, the Office for the Protection of Competition can share information on economic offenses related to the use of EU funds with the EPPO. The EPPO, established in 2021, focuses on investigating and prosecuting crimes affecting the EU's financial interests, such as misuse of funds, money laundering, and corruption.

The EPPO operates as a prosecutor before the courts of EU member states, working independently from national authorities. Its central office is in Luxembourg, with 22 European prosecutors based there and additional offices in participating EU countries. Since its establishment, the EPPO has registered over 4,000 criminal charges, initiated 900 investigations, and seized nearly €260 million.

Consult source

Terms of Service | Refund Policy | Privacy Policy | Coverage

© 2024 PolicyPulse. All rights reserved.

See something you like or don't like? Let us know!