Obligations
Obligations in the European Union Law
Concept of Obligations provided by the “Glossary of terms used in EU competition policy” (Antitrust and control of concentrations, published in 2002): Requirements the Commission imposes on undertakings in order to be able to exempt a notified agreement or to declare a notified concentration compatible with the common market ( Conditions).
The breach of such obligations may result in the revocation of the Commission's decision.
(See: Article 8 of Regulation No 17; Articles 6(2) and 8(2) of the merger regula-tion; Commission notice on remedies (OJ C 68, 2.3.2001, p. 3).)