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7 Cards in this Set
- Front
- Back
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What is the structure of competition policy?
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700 people, DG competition, independent from EP
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What does Anti-trust promise?
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Guarenteessuppliers are independent of one another, subject to competitive pressure exerted by others
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What are the two rules of anti-trust?
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Art 81: Agreements which restrict competition are outlawed (price-fixing and alliances)
Art 82: firms in a dominant position may not abuse that position (predatory pricing) |
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Are mergers blocked?
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rarely; criticisms from US
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WHat does LIberalization guarantee?
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competition in internal market not distorted
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what does Art 86(3) do?
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entrusts commission with special surveillance duty; deregulation of monopolies
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What is prohibited abotu state aid?
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generally everything; government intervention should not distort competition and intra-community trade
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