The Resource Commitments or prohibition? The EU antitrust dilemma, (electronic resource)

Commitments or prohibition? The EU antitrust dilemma, (electronic resource)

Label
Commitments or prohibition? The EU antitrust dilemma
Title
Commitments or prohibition? The EU antitrust dilemma
Creator
Contributor
Subject
Language
eng
Summary
The issue: Excluding cartels, most investigations into suspected infringements of European Union competition law are resolved with 'commitment decisions'. The European Commission drops the case in exchange for a commitment from the company under investigation to implement measures to stop the presumed anti-competitive behaviour. Commitment decisions are considered speedier than formal sanctions (prohibition decisions) in restoring normal competitive market conditions. They have a cost, however: commitments are voluntary and are unlikely to be subject to judicial review. This reduces the European Commission's incentive to build a robust case. Because commitment decisions do not establish any legal precedent, they provide for little guidance on the interpretation of the law. Policy challenge: The European Commission relies increasingly on commitment decisions. More transparency on the substance of allegations, and the establishment of a higher number of legal precedents, are however necessary. This applies in particular to cases that tackle antitrust issues in new areas, such as markets for digital goods, in which companies might find it difficult to assess if a certain behaviour constitutes a violation of competition rules. To ensure greater transparency and mitigate some of the drawbacks of commitment decisions, while retaining their main benefits, the full detail of the objections addressed by the European Commission to defendants should be published
Cataloging source
IT-FiEUI
http://library.link/vocab/creatorName
Mariniello, Mario
Index
no index present
Literary form
non fiction
Nature of contents
dictionaries
http://library.link/vocab/relatedWorkOrContributorName
Bruegel
Series statement
Bruegel policy briefs
Series volume
01/2014
http://library.link/vocab/subjectName
  • European Union
  • European Commission
  • Antitrust law
  • Competition, Unfair
Label
Commitments or prohibition? The EU antitrust dilemma, (electronic resource)
Link
http://bruegel.org/publications/
Instantiates
Publication
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier.
Content category
text
Content type code
txt
Content type MARC source
rdacontent.
Control code
FIEb17565698
Extent
8 pages.
Form of item
electronic
Media category
computer
Media MARC source
rdamedia.
Media type code
c
Specific material designation
remote
System control number
(OCoLC)914478369
Label
Commitments or prohibition? The EU antitrust dilemma, (electronic resource)
Link
http://bruegel.org/publications/
Publication
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier.
Content category
text
Content type code
txt
Content type MARC source
rdacontent.
Control code
FIEb17565698
Extent
8 pages.
Form of item
electronic
Media category
computer
Media MARC source
rdamedia.
Media type code
c
Specific material designation
remote
System control number
(OCoLC)914478369

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