ABSTRACT
Summary 720
26.1 Introduction 721
26.2 The federal nature of EC competition law 723
26.3 Extraterritorial application of EC competition law 725
26.4 International co-operation in the field of competition law in the era of globalisation 727
26.5 Definition of an undertaking 730
26.6 The concept of activity which “may affect trade between Member States” 736
Aide-mémoire 741
SUMMARY
1. This chapter focuses on some general features common to all EC competition rules. It briefly outlines the main objectives of EC competition law, which are:
To maintain open and unify the internal market;
To ensure economic efficiency in the marketplace;
To ensure the conditions of effective competition and competitiveness; and
To protect consumers.
