PROMOTING COMPETITIVENESS BY FIGHTING AGAINST ABUSES OF A DOMINANT MARKET POSITION

Journal Title: CES Working Papers - Year 2015, Vol 7, Issue 2

Abstract

Competition is a basic mechanism of the market economy involving supply and demand. The legislative framework of the European competition policy is provided by the Treaty on the Functioning of the European Union (TFEU)(Articles 101–109). Without an effective EU competition policy, the Single Market cannot reach its full potential. Competition policy is also crucial in allowing the EU to crack down on abuses of dominant position, cartels and concerted practices that harm consumers. To be in a dominant position is not itself illegal. A dominant company has a special responsibility to ensure that its conduct does not distort competition.

Authors and Affiliations

Lucia IRINESCU

Keywords

Related Articles

Credit expansion and social welfare in the European Union

The aim of this paper is to analyse the impact of the credit expansion process on social welfare through the financial-monetary dimension with a focus on 22 economies from the European Union. In order to achieve this aim...

THE FAILURE OF THE FIRST ROMANIAN CENTRAL BANK: BAD DESIGN, BAD LUCK, OR BOTH?

In this paper we will analyze the failure of the National Bank of Moldavia, a bank that was chartered by the Principality of Moldavia in 1856, to act primarily as a privileged source of liquidity for its economy. Althoug...

INTELLECTUAL PROPERTY WITHIN THE EMERGING RENEWABLE ENERGY MARKET: A CASE STUDY OF THE EU 

Energy produced from renewable sources and its capacity to reduce GHG emissions and to enhance energy security is one of today’s most debated issues. The renewable energy sources form a small but fast growing part of the...

TOWARD MIGRATION TRANSITION IN ROMANIA  

Most studies regarding the contribution of migration to development are limited to an isolated analysis of the economic effects of migration. But the migration process is in turn influenced by other processes. So a wider...

Download PDF file
  • EP ID EP163930
  • DOI -
  • Views 84
  • Downloads 0

How To Cite

Lucia IRINESCU (2015). PROMOTING COMPETITIVENESS BY FIGHTING AGAINST ABUSES OF A DOMINANT MARKET POSITION. CES Working Papers, 7(2), 499-504. https://www.europub.co.uk/articles/-A-163930