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European Union Competition Law
European competition law is the competition law in use within the European Union. It promotes the maintenance of competition within the European Single Market by regulating anti-competitive conduct by companies to ensure that they do not create cartels and monopolies that would damage the interests of society. European competition law today derives mostly from articles 101 to 109 of the Treaty on the Functioning of the European Union (TFEU), as well as a series of Regulations and Directives. Four main policy areas include: *Cartels, or control of collusion and other anti-competitive practices, under article 101 TFEU. * Market dominance, or preventing the abuse of firms' dominant market positions under article 102 TFEU. *Mergers, control of proposed mergers, acquisitions and joint ventures involving companies that have a certain, defined amount of turnover in the EU, according to the European Union merger law. *State aid, control of direct and indirect aid given by Memb ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Berlaymont Building European Commission
The Berlaymont () is an office building in Brussels, Belgium, which houses the headquarters of the European Commission, the executive branch of the European Union (EU). The structure is located on the Robert Schuman Roundabout at 200, rue de la Loi/Wetstraat, in what is known as the " European Quarter". The unique form of the Berlaymont's architecture is used in the European Commission's official emblem. The building is named after the . Usage The building has housed the European Commission since its construction, and has become a symbol of the European presence in Brussels and a metonym for the EU's executive power. The Commission itself is spread over some 60-odd buildings, but the Berlaymont is the commission's headquarters, being the seat of the President of the European Commission and its College of Commissioners. The following Directorates-General (departments) are also based in the Berlaymont: Human Resources and Security (HR), European Political Strategy Centre, form ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Commission
The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body of about 32,000 European civil servants. The Commission is divided into departments known as Directorates-General (DGs) that can be likened to departments or ministries each headed by a Director-General who is responsible to a Commissioner. There is one member per member state, but members are bound by their oath of office to represent the general interest of the EU as a whole rather than their home state. The Commission President (currently Ursula von der Leyen) is proposed by the European Council (the 27 heads of state/governments) and elected by the European Parliament. The Council of the European Union then nominates the other members of the Commission in agreement with the nominated President, and the 27 members as a team are t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2004 Enlargement Of The European Union
The largest expansion of the European Union (EU), in terms of territory, number of states, and population took place on 1 May 2004. The simultaneous accessions concerned the following countries (sometimes referred to as the "A10" countries): Cyprus, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia and Slovenia. Seven of these were part of the former Eastern Bloc (of which three were from the former Soviet Union and four were and still are members of the Central European alliance Visegrád Group). Slovenia was a non-aligned country prior to the independence, and it was one of the former republics of Yugoslavia (together sometimes referred to as the "A8" countries), and the remaining two were Mediterranean islands and two Members of Commonwealth of Nations. Part of the same wave of enlargement was the accession of Bulgaria and Romania in 2007, who were unable to join in 2004, but, according to the Commission, constitute part of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Directorate-General For Competition (European Commission)
The Directorate-General for Competition (DG COMP) is a Directorate-General of the European Commission, located in Brussels. The DG Competition employs around 850 officials, as well as a number of seconded national officials, among other from national competition authorities. It is responsible for establishing and implementing competition policy for the European Union. DG Competition has a dual role in antitrust enforcement: an investigative role and a decision-making role. DG Competition is also considered to be one of the most sophisticated antitrust enforcers in the world, alongside the US’ Federal Trade Commission and the Antitrust Division of the Department of Justice. Its fines to corporations climbed from €3.4bn between 2000 and 2004, to €9.4bn between 2005 and 2009. Between 2010 and 2012, it totalled €5.4bn. The DG Competition policy areas include the following: * antitrust (agreements and conduct prohibited under Articles 101 and 102 of the TFEU), * mergers (Commi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Behaviour
Corporate behaviour is the actions of a company or group who are acting as a single body. It defines the company's ethical strategies and describes the image of the company. Role Not only does corporate behaviour play various roles within different areas of a business, it also enables businesses to overcome any problems they may face. For example, due to an increase in globalisation, language barriers are likely to increase for organisations creating major problems as day-to-day business may be disrupted. Corporate behaviour enables managers to overcome this problem by improving flexibility. Also, many businesses are struggling to remain competitive in terms of quality and productivity due to intense competition within markets. However, corporate behaviour is able to fix this issue by allowing managers to empower their employees as they are the ones who are able to make a change. Positive corporate behaviour can result in employees feeling happy and content at work providing thei ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grundig
Grundig (; ) is a German consumer electronics manufacturer owned by the Turkish Arçelik A.Ş., the white goods (major appliance) manufacturer of Turkish conglomerate Koç Holding. The company made domestic appliances and personal-care products. Originally a German consumer electronic company, Grundig GmbH was founded in 1945 by Max Grundig and eventually headquartered in Nuremberg. It grew to become one of the leading radio, TV, recorder and other electronics goods manufacturers of Europe in the following decades of the 20th century. In the 1970s, Philips began acquiring Grundig AG's shares, leading to complete control in 1993. In 1998, Philips divested Grundig. In 2007, Koç Holding bought Grundig and put the brand under its home-appliances subsidiary Arcelik A.Ş. Koç is a publicly listed conglomerate with more than 80,000 employees. History Grundig began in 1945 with the establishment of a store named Fürth, Grundig & Wurzer (RVF), which sold radios and was headqu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robert Schuman
Jean-Baptiste Nicolas Robert Schuman (; 29 June 18864 September 1963) was a Luxembourg-born French statesman. Schuman was a Christian Democrat ( Popular Republican Movement) political thinker and activist. Twice Prime Minister of France, a reformist Minister of Finance and a Foreign Minister, he was instrumental in building postwar European and trans-Atlantic institutions and was one of the founders of the European Union, the Council of Europe and NATO. The 1964–1965 academic year at the College of Europe was named in his honour. In 2021, Schuman was declared venerable by Pope Francis in recognition of his acting on Christian principles. Early life Schuman was born in June 1886 in Clausen, Luxembourg, having his father's German citizenship. His father, Jean-Pierre Schuman (d. 1900), who was a native of Lorraine and was born a French citizen had become a German citizen when Lorraine was annexed by Germany in 1871, and he left to settle in Luxembourg, not far from his n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jean Monnet
Jean Omer Marie Gabriel Monnet (; 9 November 1888 – 16 March 1979) was a French civil servant, entrepreneur, diplomat, financier, administrator, and political visionary. An influential supporter of European unity, he is considered one of the founding fathers of the European Union. Jean Monnet has been called "The Father of Europe" by those who see his innovative and pioneering efforts in the 1950s as the key to establishing the European Coal and Steel Community, the predecessor of today's European Union. Although Monnet was never elected to public office, he worked behind the scenes of American and European governments as a well-connected "pragmatic internationalist". For three decades, Jean Monnet and Charles de Gaulle had a multifaceted relationship, at some times cooperative and at other times distrustful, from a first encounter in London during the Battle of France in mid-June 1940 until De Gaulle's death in November 1970. Monnet and De Gaulle have been referred to toget ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wealth Of Nations
''An Inquiry into the Nature and Causes of the Wealth of Nations'', generally referred to by its shortened title ''The Wealth of Nations'', is the ''magnum opus'' of the Scottish economist and moral philosopher Adam Smith. First published in 1776, the book offers one of the world's first collected descriptions of what builds nations' wealth, and is today a fundamental work in classical economics. By reflecting upon the economics at the beginning of the Industrial Revolution, the book touches upon such broad topics as the division of labour, productivity, and free markets. History ''The Wealth of Nations'' was published in two volumes on 9 March 1776 (with books I–III included in the first volume and books IV and V included in the second), during the Scottish Enlightenment and the Scottish Agricultural Revolution. It influenced several authors and economists, such as Karl Marx, as well as governments and organizations, setting the terms for economic debate and discussion for t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
A Smith
Adam Smith (baptized 1723 – 17 July 1790) was a Scottish economist and philosopher who was a pioneer in the thinking of political economy and key figure during the Scottish Enlightenment. Seen by some as "The Father of Economics"——— or "The Father of Capitalism",———— he wrote two classic works, ''The Theory of Moral Sentiments'' (1759) and ''The Wealth of Nations, An Inquiry into the Nature and Causes of the Wealth of Nations'' (1776). The latter, often abbreviated as ''The Wealth of Nations'', is considered his ''magnum opus'' and the first modern work that treats economics as a comprehensive system and as an academic discipline. Smith refuses to explain the distribution of wealth and power in terms of God's will, God’s will and instead appeals to natural, political, social, economic and technological factors and the interactions between them. Among other economic theories, the work introduced Smith's idea of absolute advantage. Smith studied social philos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of European Court Of Justice Rulings
The following is a list of notable judgments of the European Court of Justice. Principles of Union Law Direct effect Treaties, Regulations and Decisions * Van Gend en Loos 26/62 963ECR 1 "The uropean EconomicCommunity constitutes a new legal order of international law for the benefit of which the emberStates have limited their sovereign rights". "The Court ... has the jurisdiction to answer ... questions referred that ... relate to the interpretation of the treaty." * Franz Grad 9/70 970ECR-825 * Commission v Italy 39/72 973ECR 101 * Reyners 2/74 974ECR 631 * Defrenne II 976ECR 455 * Amsterdam Bulb 50/76 977ECR 137 States can provide in national legislation for appropriate sanctions which are not provided for in the regulation, and can continue to regulate various related issues which are not covered in the regulation * Zaera 126/86 987ECR 3697 * Azienda Agricola C-403/98 001ECR I-103 *Steinberg T-17/10 012625 *Sharif University T-181/13 014607 Directives ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Brands Company V Commission Of The European Communities
''United Brands v Commission'' (1976Case 27/76 is an EU competition legal case concerning abuse of a dominant position in a relevant product market. The case involved the infamous "green banana clause". It is one of the most famous cases in European competition law, which seeks to ban cartels, collusion and other anti-competitive practices, and to ban abuse of dominant market positions. Facts United Brands Company (UBC) was the main supplier of bananas in Europe, using mainly the ''Chiquita'' brand. UBC forbade its distributors/ripeners to sell bananas that UBC did not supply. Also, UBC fixed pricing each week; charging a higher price in different Member States, and imposed unfair prices upon customers in Belgo-Luxembourg Economic Union, Denmark, The Netherlands and Germany. The Commission viewed United Brands' action as a breach of Article 86 of the Treaty of Rome (now Art 102 of the TFEU). Article 86 prohibits "abuse of a dominant position" of a relevant market. The case wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
