Development of EC Competition Over Its First 50 Years Intervention Reduced

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Valentine Korah, Apr 06, 2007

Article 81 forbids as incompatible with the common market collusion that may affect trade between member states and has the object or effect of restricting competition. Such agreements are automatically void, but may be exempted under Article 81(3). Article 82 forbids, also as incompatible with the common market, the abuse of a dominant position.

The first decisions of the European Commission on compe