Competition Policy in the European Union by Michelle Cini

By Michelle Cini

Competition coverage within the eu Union provides a finished advent to the eu Union's guidelines on restrictive practices, mergers monopolies and kingdom reduction. The authors provide a panoramic research of the evolution, operation and law of 1 of the EU's most vital rules in a transparent and available layout.

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Sample text

The negative decision against Grundig was upheld (in part) in the ECJ. The case, with other more minor ones, was crucial in raising morale within DGIV. It was also important in highlighting the role that would in future be played by the ECJ. The ECJ was well-placed to use its judicial discretion as an instrument of flexible enforcement when faced with hard competition cases, as well as when defending the cause of market integration. In contrast to restrictive practices policy, both the Commission's state aid and monopoly policy were largely neglected.

On the one hand, from a political and economic standpoint, the single market provided a convincing rationale for European-level control. An intensification of cross-border merger activity revived old questions about legal and administrative barriers to what was seen as an essential element of the single market programme. Without European-level regulation, there was certain to be confusion and possibly even a dampening-down of merger activity, something that could only harm the Community's industrial prospects.

These, together with a restatement of the importance of policy effectiveness and continuity, were to form the basis of the 'new' competition policy of the 1990s. The Commission's policy towards restrictive agreements and monopolies continued to develop into a policy that was wide in scope. Satisfaction with an approach geared mainly to the manufacturing sector gradually gave way to a more wide-ranging emphasis which included the service sectors, with examples of new cases and policies in insurance, banking and broadcasting.

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