EU Competition Law

EU Competition Law aims to ensure fair competition within the European Union's single market. It prevents businesses from unfair practices, such as price-fixing or abusing a dominant market position, which can harm consumers and stifle innovation. Enforced by the European Commission, this law helps maintain a level playing field for all market participants, fostering efficiency and consumer choice. It is a crucial aspect of European Administrative Law, as it sets rules and guidelines that regulate how businesses operate and interact within the EU, promoting economic growth and protecting consumer interests.