The European Union legislation regarding abuses of market power by firms Online publication date: Mon, 08-Nov-2004
by Angeliki Papasava
International Journal of Management and Decision Making (IJMDM), Vol. 5, No. 4, 2004
Abstract: This paper examines the European Union legislation in terms of protecting firms from market power abusers. To begin with, it describes what competition is and gives an idea of monopolistic situations. Then it describes various forms of market abuse and how they are tackled by the EU. It offers a complete examination of various competitive situations including real cases and how the EU confronted them. Finally, it sets a number of questions with regards to the motive behind the EU legislation. Is it formulated in order to help companies operate in a fair market, or is it done in order to shape the market resulting in a controlled economy?
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