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Promoting Competitiveness By Fighting Against Abuses Of A Dominant Market Position

Author

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  • Lucia IRINESCU

    () (Alexandru Ioan Cuza University of Iasi)

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.

Suggested Citation

  • Lucia IRINESCU, 2015. "Promoting Competitiveness By Fighting Against Abuses Of A Dominant Market Position," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 7(2a), pages 499-504, September.
  • Handle: RePEc:jes:wpaper:y:2015:v:7:i:2a:p:499-504
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    File URL: http://ceswp.uaic.ro/articles/CESWP2015_VII2A_IRI.pdf
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    References listed on IDEAS

    as
    1. Niels, Gunnar & Jenkins, Helen & Kavanagh, James, 2011. "Economics for Competition Lawyers," OUP Catalogue, Oxford University Press, number 9780199588510.
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    More about this item

    Keywords

    competition; anti-competitive practices; antitrust policy;

    JEL classification:

    • K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
    • L40 - Industrial Organization - - Antitrust Issues and Policies - - - General
    • L44 - Industrial Organization - - Antitrust Issues and Policies - - - Antitrust Policy and Public Enterprise, Nonprofit Institutions, and Professional Organizations

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