What antitrust laws are specific to the EU?

The European Union (EU) has a few antitrust laws that are specific to them. The first and most well-known is the European Union competition law. This law is focused on preventing companies from engaging in anti-competitive behaviors that could harm consumers in the EU or distort competition within the Union. This law includes prohibiting mergers and acquisitions between companies that could lead to a monopoly or reducing competition in any market. The second antitrust law specific to the EU is the Treaty on the Functioning of the European Union. This treaty is focused on ensuring that national laws, administrative practices, and court decisions do not infringe on fair trade or Eu competition law. This includes preventing countries from enacting laws that would unfairly restrict competition or bar EU businesses from certain markets. Finally, the European Union has a specific antitrust law that applies to electronic commerce. This law prohibits restrictive business practices that disrupt electronic commerce and the free movement of goods within the EU. This law also prevents companies from using anti-competitive practices such as price fixing, limiting the production of goods, and restricting access to markets. Overall, the EU has a few specific antitrust laws that are aimed at protecting consumers and ensuring fair competition within the Union. These laws are designed to promote businesses in the EU, while still protecting consumers from unfair practices.

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