Tag: Submission of a commitment text for the market test
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Review clause
Duration of the commitments – review clauseThe duration of commitments may be limited in time. Article 9 of Council Regulation 1/2003 refers to a "specified period". Commitments should provide that a lasting improvement of the market structure is achieved within a foreseeable time…
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Market test
Approval to market test the commitmentsOnce the case team considers the commitments offered are adequate to address the competition concerns, it should draft a note to the Competition Commissioner to ask for his/her approval to market test the commitments pursuant to Article 27(4) of Regula…
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Commitment Decisions Procedure
Procedural framework / format of commitment decisionsAfter receiving the Preliminary Assessment, the undertaking under investigation will have normally one month to react and to submit a text of a commitment proposal that can be market tested.More about Commitment Decisions Procedure</h…
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Commitments Decisions Content
The content of the commitmentsThe commitments should address the competition concerns identified. Commitments which are not related to the concerns or do not meet them will not be accepted by the Commission. The parties can offer commitments of a behavioural (e.g. a supply obligation) or st…