Lecture 5 Flashcards
Article 101 TFEU
Agreements between undertakings, decisions by associations of undertakings which may affect trade between member states and which have as their object or effect the prevention, restriction or distortion of competition within the internal market, are prohibited
Exemption of Article 101
101 can become inapplicable in the case of agreements which contribute to improving the production or distribution of goods or to promote technical or economic progress while allowing consumers a fair share of the resulting benefit
Article 102 TFEU prohibits…
undertakings in a dominant position within the internal market from abusing its position
2 types of position abuse
- Exploitative - directed at consumers
- Exclusionary - directed at competitors