News & Insights

Secretariat of the COMCO: Preliminary Investigation of the Labour Market in the Swiss Banking Sector

On 5 December 2022, the Secretariat of the Swiss Competition Commission (Secretariat of the COMCO) opened a preliminary investigation against 34 banking institutions in six German-speaking regions of Switzerland. The reason for this is a possible agreement in violation of competition law pursuant to Article 5 of the Swiss Cartel Act (CartA) regarding salary information of bank employees. According to the press release

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COMCO: Opening of an Investigation against Novartis

COMCO: Opening of an Investigation against Novartis

The Competition Commission (COMCO) opened an investigation against the Swiss pharmaceutical company Novartis and conducted a dawn raid at its headquarters in Basel on 13 September 2022. According to its press release, Novartis is suspected of having abusively asserted a patent in court and thus abusing

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