Law-Now
19 Feb 2015 ·
International
Increasing number of requests to the Italian Competition Authority for the Legality Rating
1 min read
Authors
CMS AACS Newsletter The so called “legality rating”, introduced by Article 5-ter of Legislative Decree no. 1 of 24 January 2012, and subsequently implemented through the Decision of the Italian Competition Authority (“ICA”) No. 24075 of 14 November 2012 – “Implementing regulation concerning the legality rating” (the “Regulation”), set an awarding system by which ICA can assign a score, from one up to three “stars”, to deserving companies with a turnover of more than two million Euro that meet certain requirements of legality and good management.
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