by 21st Century Competition | May 8, 2014
Contract between a buyer and a seller, whereby the former agrees to purchase from the latter a fixed quantity of a product for a given price over a certain period of time. Irrespective of the quantity which is finally needed and transferred, the buyer is bound by its...
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...
