Download e-book for iPad: Competition Policy in Europe by Johann Eekhoff, Christiane Moch (auth.), Johann Eekhoff

By Johann Eekhoff, Christiane Moch (auth.), Johann Eekhoff (eds.)

ISBN-10: 3540247122

ISBN-13: 9783540247128

ISBN-10: 3642073581

ISBN-13: 9783642073588

1 by way of Karel Van Miert because the early years of the ecu neighborhood, pageant coverage has performed a decisive function within the production of a extra wealthy, aggressive and built-in eu financial system. during the last 40 years, the motion of ecu festival specialists has supplied a number of examples of the advantages of a sound-working festival atmosphere for shoppers and for the ecu financial system as an entire. festival brings decrease costs, fosters technical growth and creativity, and forestalls the unwanted effects of an organization abusing its dominant or monopoly place. in the course of my mandate as a Commissioner in command of pageant, i've got actively inspired this strengthening of ecu festival coverage as did my predecessors. therefore, there was growing to be public knowledge in Europe of the necessity at no cost and reasonable pageant in addition to the consolidation of the contest coverage within the "acquis communautaire". eu festival coverage is now at a tuming turning aspect in its heritage. In could 2004, ten nations will subscribe to a brand new eu Union composed of twenty-five Member States and 450 million humans. this huge accession to the ecu is of paramount value to the eu integration and may deeply impression on ecu festival policy.

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Extra resources for Competition Policy in Europe

Example text

The remarkable stability of EC competition rules can be regarded as a proof of their efficiency and of their success in fulfilling their original aims during this period at least until the 90' s. 1 Art 81 Art 81:"The following shall be prohibited as incompatible with the common market: all agreements between undertakings, decisions by associations of undertakings and concerted practices which may affect trade between Member States and which have as their effect or object the prevention, restriction or distortion of competition within the common market...

The short delays to submit remedies in Phase 2 investigations has also appeared often ten a crucial element as a major issue of concern. The negotiation of remedies is of of merger control. In Phase 2, commitments may be proposed up to three months after the date on which proceedings were initiated. Due to the numerous deadIines deadlines to meet, the Commission and the undertakings often have less than 1,5 months to discuss remedies. This system places very strong pressure on the negotiators and can have a negative impact on the quality of the final decision.

Consequently, many companies did not use their right to challenge Commission's decisions, as this recourse was perceived to be useless. State aids For State aids, the frrst ftrst achievement in the 1990's has been to reach a consensus among Member States on the need for strict State aids control. ten had difficulties in enforcing its State aids However, the Commission has of often decisions and recovering alI all the money previously granted. A need for better monitoring of State aids and for more economical evaluations of these aids has appeared (as some negative rulings of the EC] ECJ have shown).

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Competition Policy in Europe by Johann Eekhoff, Christiane Moch (auth.), Johann Eekhoff (eds.)

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