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abuse of a dominant position

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Article 82

Overview page. Subjects: Law.

A provision of the Treaty of Rome, with direct effect throughout the EU (see Community legislation), that prohibits abuses of a dominant position by businesses in the EU. Examples of...

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competition law

Overview page. Subjects: Law.

The branch of law concerned with the regulation of anticompetitive practices, restrictive trade practices, and abuses of a dominant position or market power. Such laws prohibit cartels and...

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copyright collecting societies

Overview page. Subjects: Law.

Copyright collecting societies have proliferated. In Europe alone, there are more than 150 organizations collecting licensing fees for public performances, broadcasting, online use and...

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interstate trade

Overview page. Subjects: Law.

Trade between states. EU competition rules (see competition law) apply only when an anticompetitive agreement or abuse of a dominant position will affect trade between member states....

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modernization of EC competition law

Overview page. Subjects: Law.

In the period from 1999 to 2004 EC competition law went through a process of reform which became better known as the modernization process. The modernization process focused on the ...

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monopoly

Overview page. Subjects: Social Sciences.

The situation where one company controls all or a substantial majority of a market. In the UK, the BBC enjoyed a government-enforced monopoly on broadcasting until 1955. Compare competition.

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oligopoly

Overview page. Subjects: Social Sciences.

N.

Control of a market by a small number of suppliers, which may or may not lead to the operation of a cartel. Compare monopoly.

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predatory pricing

Overview page. Subjects: Law — Business and Management.

The practice, undertaken largely by dominant businesses, of pricing goods or services at such a low level that competitors are forced to leave the market. While small companies are entitled...

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telecommunications regulation

Overview page. Subjects: Law.

For much of the twentieth century, between its nationalization in 1911 and the beginnings of privatization in 1984, the provision of telecommunications services was controlled through...

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