Competition law objectives

What is the objective of the competition policy?
Competition policy is about applying rules to make sure businesses and companies compete fairly with each other.
This encourages enterprise and efficiency, creates a wider choice for consumers and helps reduce prices and improve quality..
What is the purpose or objective of competition policy?
Competition policy is about applying rules to make sure businesses and companies compete fairly with each other.
This encourages enterprise and efficiency, creates a wider choice for consumers and helps reduce prices and improve quality..

Associated objectives arefreedom oftrade,freedom of While competition policy aims at correcting choice, and access to markets.

Competition law should, therefore, try to deter conduct that impairs market structure. For example, a merger between the two leading competitors on a market will change the market structure, increase the economic power of the merged firm, and reduce the incentives for others to compete in the market.

Does competition law apply to companies?

Forming part of EU law that applies to companies, competition law also shows the extent to which EU private law might become constitutionalised, requiring that companies not only do not contravene, but also promote, through their market conduct, human and labour rights, and other public policy goals.

Is competition law a goal of the EU?

From a positivist legal perspective, our research shows that no goal has ever been predominant and no goal has ever subsumed other goals; we do not think that will change.
Thus, the contemporary goals we have in mind are likely to end up being goals of EU competition law in their own right, where those goals are also goals of the EU.

What are the 7 goals of competition law?

From this, we aim to distil seven broad goals of competition law – efficiency, welfare, economic freedom and protection of competitors, competition structure, fairness, single market integration, and competition process – and to subsequently extract qualitative and quantitative insights.

An anti-plug molding law is a statute, usually a state law, that prohibits the use of an original product, such as a boat hull, as a plug for making a mold to use to make copies of the original product.
The plug is the core around which the walls of the mold are formed and the contours of which the mold replicates in reverse.

Categories

Competition law objectives

What is the objective of the competition policy?

What is the purpose or objective of competition policy?

Does competition law apply to companies?

Is competition law a goal of the EU?

What are the 7 goals of competition law?