What is the EU competition Commission?
The European Commission, together with the national competition authorities, directly enforces EU competition rules, Articles 101-106 of the Treaty on the Functioning of the EU (TFEU), to make EU markets work better, by ensuring that all companies compete equally and fairly on their merits.
What does DG COMP do?
The Directorate-General for Competition (DG COMP) is a Directorate-General of the European Commission, located in Brussels. The DG Competition is responsible for establishing and implementing competition policy for the European Union.
What is European competition?
European competition law is the competition law in use within the European Union. It promotes the maintenance of competition within the European Single Market by regulating anti-competitive conduct by companies to ensure that they do not create cartels and monopolies that would damage the interests of society.
What is a cartel in EU competition law?
A cartel is a group of independent companies which join together to fix prices, to limit production or to share markets or customers between them. Article 101 TFEU prohibits anti-competitive agreements between two or more independent market operators.
What does DG stand for European Commission?
The Directorate-General. The mission of the Directorate-General for Neighbourhood and Enlargement Negotiations (DG NEAR) is to take forward the EU’s neighbourhood and enlargement policies, as well as coordinating relations with EEA-EFTA countries insofar as Commission policies are concerned.
What are European club competitions?
European club tournaments
- UEFA Champions League. The most prestigious tournament for European football clubs.
- UEFA Europa League.
- European Cup.
- UEFA Cup.
- UEFA Cup Winners’ Cup.
- Inter-Cities Fairs Cup.
- Mitropa Cup.
What is leniency competition law?
Leniency is the total or partial reduction of fines or other penalties granted by competition authorities to companies involved in cartels in exchange for disclosing the existence of the cartel agreement or for their cooperation during the authorities’ investigation by bringing forward evidence.
How does the European Commission deal with competition?
The European Commission, together with the national competition authorities, directly enforces EU competition rules, Articles 101-106 of the Treaty on the Functioning of the EU (TFEU), to make EU markets work better, by ensuring that all companies compete equally and fairly on their merits.
How does the European Commission help non EU countries?
The European Commission cooperates with competition authorities of non-EU countries both on policy and enforcement issues of mutual interest. Competition Reports, Studies, Factsheets and Infographics, Ex-post economic evaluations. Open consultations on competition policy.
How does the DG Competition work for the EU?
The application procedure is handled via the respective Permanent Representations to the EU. DG Competition offers an unpaid External Visitors’ Scheme (EVS) to officials from competition authorities outside the European Union.
What is the annual report of the European Commission?
Annual Report on Competition Policy – This report gives an overview of the most important policy and legislative initiatives and decisions adopted by the European Commission in application of EU competition law. The Commission organises paid in-service training.