Obligations

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).)


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