ARTICLE102 TFEU Flashcards
What does Article 102 TFEU address?
It addresses the abuse of a dominant market position within the European Union.
True or False: Article 102 TFEU only applies to companies with a dominant position in the market.
True
Fill in the blank: Article 102 TFEU prohibits practices that may affect _______ between member states.
trade
What are the two main types of abuse described in Article 102 TFEU?
Exclusionary abuses and exploitative abuses.
Multiple choice: Which of the following is an example of exclusionary abuse?
Refusing to supply a competitor.
What is the consequence of violating Article 102 TFEU?
Fines and other penalties imposed by the European Commission.
True or False: Article 102 TFEU applies to both public and private enterprises.
True
What is one example of exploitative abuse under Article 102 TFEU?
Imposing unfair purchase or selling prices.
Fill in the blank: Article 102 TFEU is part of the _______ of the Treaty on the Functioning of the European Union.
Competition rules
What is the significance of the concept of ‘dominance’ in Article 102 TFEU?
It determines whether a company has significant market power.
Multiple choice: Which authority is responsible for enforcing Article 102 TFEU?
The European Commission.
True or False: A company can be found in violation of Article 102 TFEU even if it does not have a monopoly.
True
What is the threshold for a company to be considered dominant in a market under Article 102 TFEU?
Typically, a market share of 40% or more.
Fill in the blank: Article 102 TFEU is applicable in _______ member states of the European Union.
all
What is the role of the European Court of Justice in relation to Article 102 TFEU?
It interprets and enforces EU competition law, including Article 102.
