As of 2004, the Italian Competition Authority has also been in charge of enforcing laws against conflicts of interest for Holders of Public Office.
As the Italian competition regulator, the Authority has the task of enforcing both Italian and European consumer protection laws.
It is financed by annual allocations through a special chapter of the Ministry of Economic Development's budget. The Financial Law of 2006 introduced partial self-financing:[2]AGCM has full control over the management of these funds for its own operations.
The Authority in such cases may conduct investigations or hearings, even with the Guardia di Finanza at his disposal, which may result in a warning or an administrative penalty.
Notable cases
In 2021, the Authority fined Amazon 1.13 billion euros ($1.28 billion) for alleged abuse of market dominance in intermediation services on marketplaces to favour the adoption of its own logistics service - Fulfilment by Amazon (FBA) - by sellers active on Amazon.it.[3]
In 2022, Xiaomi the Authority fined around 3.2 million Euros (21.76 million Yuan), for refusing to repair phones still under warranty.[4]
Presidents
The Italian Competition Authority is led by a Presidents. In its history the following individuals have held this function:[5]