Month: May 2015

  • Notice

    Article 19(3) notice in the European Union LawConcept of Article 19(3) notice provided by the "Glossary of terms used in EU competition policy" (Antitrust and control of concentrations, published in 2002): Notice published in the Official Journal by which the Commission informs […]

  • Carlsberg notice

    Carlsberg notice in the European Union LawConcept of Carlsberg notice provided by the "Glossary of terms used in EU competition policy" (Antitrust and control of concentrations, published in 2002): Notice published in the Official Journal whereby the Commission informs third parties […]

  • Implementation

    Implementing regulation in the European Union LawConcept of Implementing regulation provided by the "Glossary of terms used in EU competition policy" (Antitrust and control of concentrations, published in 2002): Legislative act by the Commission, based on an enabling regulation by the […]

  • Comfort letter

    Comfort letter in the European Union LawConcept of Comfort letter provided by the "Glossary of terms used in EU competition policy" (Antitrust and control of concentrations, published in 2002): Administrative letter sent to the notifying parties confirming informally and normally […]

  • Sunk costs

    Sunk costs in the European Union LawConcept of Sunk costs provided by the "Glossary of terms used in EU competition policy" (Antitrust and control of concentrations, published in 2002): Sunk costs are () fixed costs that have already been incurred and cannot be recovered. They arise […]

  • Market share

    Market share in the European Union LawConcept of Market share provided by the "Glossary of terms used in EU competition policy" (Antitrust and control of concentrations, published in 2002): Measure for the relative size of a firm in an industry or market, in terms of the proportion of […]

  • Network effect

    Network effect in the European Union LawConcept of Network effect provided by the "Glossary of terms used in EU competition policy" (Antitrust and control of concentrations, published in 2002): Network effects arise when a product is more valuable to a user, the more users adopt the […]

  • Market power

    Market power in the European Union LawConcept of Market power provided by the "Glossary of terms used in EU competition policy" (Antitrust and control of concentrations, published in 2002): Strength of a firm in a particular market. In basic economic terms, market power is the ability […]

  • Vertical agreement

    Vertical agreement in the European Union LawConcept of Vertical agreement provided by the "Glossary of terms used in EU competition policy" (Antitrust and control of concentrations, published in 2002): Agreement or concerted practice entered into between two or more undertakings each […]

  • Collecting society

    Collecting society in the European Union LawConcept of Collecting society provided by the "Glossary of terms used in EU competition policy" (Antitrust and control of concentrations, published in 2002): Association that collects payments made by users of intellectual property rights […]