ABSTRACT

Since 1999, the Commission has undertaken a substantial programme of legislative reform of EU competition law.2227 In the White Paper on Modernisation2228 the Commission explained that modernisation of the enforcement of EU competition law was necessary, taking into account the globalisation of the economy, the enlargement of the EU and the existence of a single market and single currency. Overall the programme of reform dramatically altered EU competition law. Its main objective was to strengthen and decentralise the enforcement of EU competition law in an enlarged EU and, at the same time, focused on the importance of economic analyses in competition cases. The main features of the reform are analysed in detail in Chapter 30.