by 21st Century Competition | May 8, 2014
A legal or natural person appointed in merger cases to oversee the implementation of commitments, and to contribute to their implementation where required. The trustee is appointed by the parties who have offered commitments to the Commission with the Commission’s...
by 21st Century Competition | May 8, 2014
The combined annual turnover of the parties is used in the field of merger control as a criterion to divide competence between Member States and the Commission. Concentrations where the parties’ combined turnover exceeds the thresholds set in Article 1 of the merger...
by 21st Century Competition | May 8, 2014
Commercial practice of conditioning the sale of one product on the purchase of another product. If tying is not objectively justified by the nature of the products or their commercial usage, such practice may restrict competition. Economic theory suggests that a firm...
by 21st Century Competition | May 8, 2014
Separation of the various components of production, distribution and service in order to introduce greater elements of competition to these segments of an industry. ‘Functional unbundling’ requires monopolistic utilities to provide access to (part of) their...
by 21st Century Competition | May 8, 2014
For the purpose of EU antitrust law, any entity engaged in an economic activity, that is, an activity consisting in offering goods or services on a given market, regardless of its legal status and the way in which it is financed, is considered an undertaking. To...
