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Discuss the rules of Competition law and how the European Commission enforces these Laws.
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| Submitted: Mon Jun 19 2006
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Introduction The main aim of the European Community was the creation of a common market. With the countries that form the Community differing in size the community did not want any 'undertaking' (businesses, from single trader to multinationals) to have an unfair advantage to competitors from different countries. I will try to discuss in this essay the rules of Competition law and how the European Commission enforces these Laws. In the EC Treaty, Article 3(g) sets down that one of the Communities activities is to make sure that 'competition in the internal market is not distorted'. When it comes to undertakings they have rules that they must follow to keep in line with the Community these are set out in Article 81 and 82 of the treaty. Article 81 deals with undertakings setting up anti-competitive agreements. Article 82 deals with any undertaking that are abusing a dominant position in the market. Article 81 This...
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