by 21st Century Competition | May 7, 2014
Principle applied in the field of international cooperation on competition policy. By negative comity, every country that is party to a cooperation agreement guarantees to take account of the important interests of the other parties to the agreement when applying its...
by 21st Century Competition | May 7, 2014
Interpretative text adopted by the Commission in order to facilitate the application of competition rules and to provide for transparency and legal certainty with regard to the Commission’s administrative practice. These texts are sometimes also referred to as...
by 21st Century Competition | May 7, 2014
Proposal by the parties to a concentration to modify their originally notified project within a specified period (for example, by divest- ing a business or assets). Such commitments must address the competition concerns raised by the Commission and restore competition...
by 21st Century Competition | May 7, 2014
A market where there is free competition is a market on which mutually independent businesses engage in the same activity and contend to attract consumers. In other words, each business is subject to competitive pressure from the others. Effective competition thus...
by 21st Century Competition | May 7, 2014
Request by a natural or legal person who claims a legitimate interest, asking the Commission to investigate an alleged infringement of EU competition law and to bring it to an end. Formal complaints oblige the Commission to act (either to find that there is an...