EU competition policy: key to a fair Single Market

02-06-2014

The aim of EU competition policy is to safeguard the Single Market by ensuring that enterprises can compete on equal terms. Competition policy encompasses a wide range of areas: antitrust and cartels, merger examination, state aid, the liberalisation of markets and international cooperation. Recent developments include the private antitrust damages actions directive, the recommendation on collective redress and complex modernisation of the state aid rules. Finding effective deterrents to cartels as well as the appropriate use of settlements, commitments and leniency programmes, remain a challenge.

The aim of EU competition policy is to safeguard the Single Market by ensuring that enterprises can compete on equal terms. Competition policy encompasses a wide range of areas: antitrust and cartels, merger examination, state aid, the liberalisation of markets and international cooperation. Recent developments include the private antitrust damages actions directive, the recommendation on collective redress and complex modernisation of the state aid rules. Finding effective deterrents to cartels as well as the appropriate use of settlements, commitments and leniency programmes, remain a challenge.