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Competition Law
C/L/390. EU law and competition within common market
- WORDS:
- 2000
- DATE:
- 2009
- PRICE:
- 29.99 GBP
The paper looks at Article 81 of EEC Treaty on the prohibition of anti-competitive collusion that aims at distorting competition within the common market. The problem of parallel pricing is examined in the broader context of oligopoly and competition law stating that parallel pricing by itself is not prohibited under the Treaty except where it arises from some form of collusion as defined under Article 81(1) and there is no alternative economic or market explanation to price parallelism. It is argued hat the confusion between collusion and parallel pricing has affected the application of Article 81 and made it more difficult.
KEYWORDS: Competition Law, parallel pricing, anti-competitive collusion, common market,
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