Actual competitor

Actual competitor

Actual competitor in the European Union Law

Concept of Actual competitor provided by the “Glossary of terms used in EU competition policy” (Antitrust and control of concentrations, published in 2002): Firm which is either currently active on the same relevant market as the company under investigation, or which is able to switch produc-tion to the relevant products and market them in the short term without incurring significant additional costs or risks in response to a small and permanent increase in relative prices (immediate supply-side substitutability).

(See: Commission notice on the definition of the relevant market for the purposes of Community competition law (OJ C 372, 9.12.1997, p. 5).)







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