What antitrust laws are specific to the EU?

The European Union (EU) has a number of specific antitrust laws that govern the internal market of the EU, which is composed of European countries. These laws are designed to protect consumers by making sure that prices remain competitive, that markets remain open, and that independent businesses are able to compete. The EU’s main antitrust law is known as the competition law. This law prevents anticompetitive practices, such as price fixing, cartel agreements, and certain other exclusionary practices. It also prohibits mergers and acquisitions that would create or strengthen a dominant position in a market. The EU also has laws that prohibit abuses of dominant positions in a market. These laws restrict the ability of monopolies to take advantage of their position in the market by charging excessive prices, limiting production, or engaging in other anticompetitive practices. The EU also has specific laws that involve state aid. This law stops companies from receiving government funding that would give them an unfair advantage and distort the marketplace. Finally, the EU also has specific laws that involve the regulation of services and telecommunications. These laws ensure that consumers have access to essential services, such as telephone and internet, at reasonable prices. Overall, these laws are designed to protect consumers by making sure that markets remain open, that prices remain competitive, and that independent businesses are able to compete. These laws also ensure that no one company can take over or control a market.

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What antitrust laws are specific to the EU?

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