The Application Of The Eu Competition Law

In order to understand the evolvement of the Single Market of the European Union, one has to take the general background into consideration. Therefore, it is important to have a look at the Treaty on European Union (Maastricht Treaty) which gave birth to the creation of the Single Market. Having been the Common Market before the Maastricht treaty, the European Economic Community (EEC) Treaty already clarified the objective of cooperation between member states. Throughout the Single Market, those objectives should be transformed into reality.

The European Union (EU) is a unique economic and political partnership between 28 different countries. It consists of about half a billion citizens, and its combined economy represents about 20 percent of the world’s total economy (Briney, 2015). Today The European Union works as a single market, with free movement of people, goods and services from one country to another. There is a standard system of laws to be followed, and since 1999 many countries share a single currency called the Euro (Europa.eu, 2015). This essay will explore the background history of the European Union and the benefits and drawbacks of the European Union.

There have been various stages of economic growth between the countries of the European Union since 1958, when its history began. The pen-ultimate stage of its integration was a common or single market. Within a single market there a no tariffs between member countries and there are common external tariffs against countries outside the agreement. A single market is a strong form of integration involving the establishment of a common system of taxation, common laws relating to employment

In considering the international realm, let’s consider the concept of economic treaties. Specifically, let's think about an organization like the European Union (EU). Why was it formed? In addition, what are some of the objectives of the nations that are joining the EU?

In a telling judgement, the Supreme Court of India, on Sep. 9, 2010, has effectively and judiciously circumscribed the boundaries of exercise of power by both the Competition Commission of India (CCI/Commission) and the Competition Appellate Tribunal (“the Tribunal”) while delivering its verdict in the much awaited case Competition Commission of India v. Steel Authority of India Ltd. This Note captures the highlights of the decision for readers of this Blog!

More over one of the most worrisome provisions is the most favourable Nation or (MFN) clause; which is really a legal binding between Caribbean and other pacific countries to extend to the European Commission a line by line basis, any treatment negotiated with third parties. Caribbean countries fear that this will be exploited later by other free trade partners demanding similar concessions to those afforded Europe on market access (The Gleaner September 10, 2008).

The main interest of this work is to analyse this trade alliance from three different points of view to outline the similarities and differences in contrast to the European Union. To figure out about the initially mentioned question it is planned to start with the economic point of view in the first part. The second part will deal with the political aspects whilst

While early EU history is marked by efforts to abridge political and economic gaps between formal enemies, recent EU enlargement is a one of tensions between established and new member interests and broader interests of the organization itself. In recent decades, the most prominent issue of EU integration is the ongoing discussion in established member states on expansion prospects. The fall of the Berlin Wall and the end of the Cold War opened the possibility for immense political and economic transformation for Eastern European states. The result of this transformation brought the unprecedented possibility for many post-communist states to join the EU. This possibility, however, is met with hostility on domestic level in some of the

The Czech Republic became a member of the European Union (EU) on May 1, 2004. Through the course of the accession process, most barriers to trade in industrial goods with the EU have been eliminated. The process of accession had a positive impact on reform in the Czech Republic, and implementation of EU directives and regulations continues. The U.S. Department of Commerce Country Commercial Guide for the Czech Republic summarizes the economic trends and outlook this way:

As one of the most influential transnational organizations, the European Union is very strict towards candidate countries which aim to join it and they are required to meet vast range of criteria. In some cases, even after the approval and accession of a particular country, there are still systems to be reshaped and areas to be reformed which is being closely monitored by the European Union and reports are made on the progress of the respective state. The example which will be taken into consideration is the one of Bulgaria and Romania, as two of the more recent European Union members. Particular attention will be paid to judicial reforms, fighting organized crime and corruption. “Since the EU has no “European” models to offer, it has relied upon the models in old member States. The entrepreneurial strategies of such states have been a key factor in the process of policy transfer toward Central and Eastern European countries”. (Piana, 2007) In the case of Bulgaria and Romania, the French model was used, as the French catalogue of courses offered to judges and prosecutors was imitated in Bulgaria and Romania. An analysis of the process, shows that “even if the French catalogue of courses has been almost entirely imitated, the French organizational model has been imitated only where (1) a domestic actor has been able to

In the aftermath of the 1957 Treaty , the European Economic Community (EEC) was established and customs barriers between the member states have been abolished. Member States throughout the Community, can “promote a harmonious development of economic activities, a continuous and balanced expansion, an increased stability, an accelerated raising of the standard of living and closer relations between them”. Therefore, in order for a common market to be established between Member States, the Community enacted some legislative provisions which aimed to a true harmonization of laws; incorporate different legal systems under a basic legal framework. The main issue arising is whether these legal provisions in accordance with the case law, ensured the free movement of goods within this market.

One of the main objectives of the European Union (EU) is the establishment of the internal market, which shall consist of “area without internal frontiers in which the free movement of goods, persons, services and capital is ensured. The internal market is based upon a customs union achieved through the abolition of the imposition of customs duties and charges having an equivalent effect and the prohibition of discriminatory taxes on intra-EU imports. The internal market is enhanced by the provisions on free movement of workers, freedom of establishment, free movement of services, and free movement of capital. Whereas Articles 28 to 30 of the Treaty on the Functioning of the European Union (TFEU) provide for the establishment of an EU common external tariff and the elimination of customs duties, Articles 34 and 35 of the TFEU (with exceptions under Article 36) go further, and prohibit quantitative restrictions and measures having equivalent effect. Taken together, Articles 28 to 32 and 34 to 36 serve to ensure the free movement of goods within the EU and to facilitate the operation of the internal market.

The European Union (EU) was established in order to prevent the horrors of modern warfare, experienced by most of Europe during the World Wars of the 20th century, from ever ensuing again, by aiming to create an environment of trust with the countries of Europe cooperating in areas such as commerce, research and trade (Adams, 2001). The EU has evolved into an economic, trade, political and monetary alliance between twenty-eight European Member States. While not all Member States are in monetary union (i.e. share the currency of the euro), those that are form the ‘Euro-zone’ (Dinan, 2006). The EU can pass a number of types of legislation, with a regulation, act, or law, being the most powerful. Its ‘tricameral’ (European Union, 2007)

The Union shall establish an internal market. It shall work for the sustainable development of Europe based on balanced economic growth and price stability,

With the effect of the Single European Act on 1st July 1987, the emergence of European Union (EU) as a common market has essentially been created. The benefits of this act are substantial to European firms, economies, and workers. It eliminates conflicting national regulations and trade barriers, as well as offering firms opportunity to sell their goods to all other EU members (Griffin & Pustay 2005).