0
This policy is concerned with the maintenance of competition and preventing the formation of cartels and the use of restrictive agreements.
Then this policy is proved and explained further by giving a lot of articles ( Treaty of Rome 1957:Art.85, ibid.Art.86, ibid.Art.90, ibid.L395/3, ibid.L3953-6)
The above answer is just a one line answer.
Still curious? Ask our experts.
Chat with our AI personalities
Fran
Rene
BeauAdd your answer:
Earn +20 pts
How does antitrust policy affect the nature of mergers?
Antitrust policy generally precludes the elimination of competition. For this reason, mergers are often with companies in allied but not directly related field.
Explain in detail with suitable examples the imperfect competition and perfect competition?
In imperfect competition the producer is the price maker whereas in perfect the producer is the price taker. In imperfect no new competitors enter the industries hence super normal profits will continue to be realised, unlike in perfect comp
What mercantilist policy was designed to protect local industries from foreign competition?
Tariffs increased the price of imported goods
Which is not a reason why policy makers avoid spikes and slumps in product prices?
The spikes and slumps can inhibit competition among businesses.
What is the laissez-faire economic policy?
Laissez faire is the economic policy of a free market economy, this means a lot of competition between companies and very little government intervention in the economy.
