Competition policy goal

  • What are the goals of competition?

    These include efficiency, consumer welfare, and economic development.
    Other goals include fairness, privacy, and economic freedom..

  • What is the goal of the competition policy?

    competition policy, public policy aimed at ensuring that competition is not restricted or undermined in ways that are detrimental to the economy and society.
    It is predicated upon the idea that competitive markets are central to investment, efficiency, innovation, and growth..

  • Increasing competition in a given sector of the economy will typically raise efficiency and lower prices.
    In many economies, the increase in efficiency will be achieved by an increase in labour productivity.

Why are EU competition rules important?

The fundamental objective of EU competition rules is to ensure the proper functioning of the internal market.
Effective competition enables businesses to compete on equal terms across Member States, while at the same time incentivising them to strive continuously to offer the best possible products at the best possible prices for consumers.


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