Key notes
Wednesday, 2 November 2022 12:04
Articles
Art 101- Prevent anti-competitive practices by undertakings, where companies get together
→ Hofner (1991)
→ Poucet (1993)
there
Agreement (wr
De
Concer
Art 102- Prevent abuse of a dominant market position- big companies using their dominant m
Cartels
Competitors can maximise earnings at the expense of the consumer by collaborating rather
practices between rival businesses.
General prohibition against cartels and other anti-competitive practices between competito
their object or effect the prevention, restriction or distortion of competition…."
Enterprise Act 2002 : criminal penalties may be imposed on an individual for serious cartels
Only the UK competition authorities can apply for these sanctions; the Commission has no p
for:
Article 101:There are three requirements, which the commission has to prove in order to fin
They are:
1. Agreement/collusion between undertakings or decision of association of undertakings.
2. An effect on trade between member states
3. The agreement/collusion has the object of preventing, restricting or distorting competitio
void unless they can be exempted under 101(3)
Article 102 TFEU
This Article provides for the punishment of undertakings in a position of strength on the mar
Wednesday, 2 November 2022 12:04
Articles
Art 101- Prevent anti-competitive practices by undertakings, where companies get together
→ Hofner (1991)
→ Poucet (1993)
there
Agreement (wr
De
Concer
Art 102- Prevent abuse of a dominant market position- big companies using their dominant m
Cartels
Competitors can maximise earnings at the expense of the consumer by collaborating rather
practices between rival businesses.
General prohibition against cartels and other anti-competitive practices between competito
their object or effect the prevention, restriction or distortion of competition…."
Enterprise Act 2002 : criminal penalties may be imposed on an individual for serious cartels
Only the UK competition authorities can apply for these sanctions; the Commission has no p
for:
Article 101:There are three requirements, which the commission has to prove in order to fin
They are:
1. Agreement/collusion between undertakings or decision of association of undertakings.
2. An effect on trade between member states
3. The agreement/collusion has the object of preventing, restricting or distorting competitio
void unless they can be exempted under 101(3)
Article 102 TFEU
This Article provides for the punishment of undertakings in a position of strength on the mar
