A PYMNTS Company

EU: Commission widens rules against anticompetitive behavior

 |  July 2, 2014

The European Commission announced that it is extending the scope of prohibited anticompetitive behavior to include practices that result in even minor impacts to the market, reports say.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    In a de minimis notice, the Commission prohibited certain hardcore anticompetitive behaviors, including price-fixing and market allocation, even if the impact of those agreements is minor.

    Now, all behavior that aims to harm competition is excluded from the regulator’s safe harbor rules.

    The Commission also listed behaviors that are considered practices that aim to restrict competition. The list includes acts like information sharing and bid-rigging, reports say.

    Full content: Out-Law

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.