1. European Union Competition Policy
The regulation of competition is administered by the EU's competition policy. ... They are the guardians of competition and exist within the structure of competition policy. ... A merger is when a firm acquires exclusive control of another firm or of a firm it controlled jointly with another firm, or where several firms take control of a firm or create a new one. The Treaty of Rome contained no specific powers to control mergers, therefore the Commission attempted to create a merger regime using Articles 85 and 86. ... Although Article 92 condemns all state aids which distort competition,...
- Word Count: 1863
- Approx Pages: 7
- Has Bibliography
- Grade Level: Undergraduate