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One of the most talked about concepts in modern technology, the metaverse can be described as an immersive and constant virtual 3D world where people interact by means of an avatar to carry out a wide range of activities. Such activities can range from leisure and gaming to professional and commercial interactions, financial transactions or even health interventions such as surgery. While the exact scope and impact of the metaverse on society and on the economy is still unknown, it can already be ...

Online platforms such as Google, Amazon, and Facebook play an increasingly central role in the economy and society. They operate as digital intermediaries across interconnected sectors and markets subject to network effects. These firms have grown to an unprecedented scale, propelled by data-driven business models. Online platforms have a massive impact on individual users and businesses, and are recasting the relationships between customers, advertisers, workers, and employers. This has triggered ...

During the March I plenary part-session, the European Parliament is expected to discuss the annual report on EU competition policy (2019), adopted by the Committee on Economic and Monetary Affairs. The report highlights the growing importance of the international dimension of competition policy in a globalised world and the challenges stemming from the digitalisation of the economy. It also points to issues related to the effectiveness of competition policy instruments, as well as how they may support ...

Competition policy has been found to make a positive contribution to the EU's economic growth and the EU has one of the most robust competition policy systems in the world. European competition policy encompasses many fields, not least antitrust measures, merger control and State aid. It is enforced by the European Commission, whose decisions can be contested in the Court of Justice of the European Union. Recent policy developments include the antitrust damages system and the framework empowering ...

Konkurencijos politika

FACT_SHEET 01-11-2017

Sutarties dėl Europos Sąjungos veikimo (SESV) 101–109 straipsniuose nustatytos konkurencijos ES vidaus rinkoje (toliau – vidaus rinka) taisyklės. Pagal jas draudžiama sudaryti konkurenciją ribojančius įmonių tarpusavio susitarimus. Dominuojančią padėtį rinkoje užimančioms įmonėms draudžiama piktnaudžiauti savo padėtimi, kad nebūtų neigiamo poveikio valstybių narių tarpusavio prekybai. Bendrijos masto įmonių susijungimą ir perėmimą kontroliuoja Europos Komisija, tam tikrais atvejais tai gali būti ...

The study will describe the challenges for competition policy in relation to the internal energy market. It explores the specific topics related to the internal energy market and analyses the competition policy issues arising from the topics. The study will mainly focus on competition policy and its instruments such as anti-trust laws, merger regulation, sector regulation and State aid. Other policy fields fall outside the scope. This presentation of the approach and preliminary results was prepared ...

The Study analyses whether and to what extent there is a need to legislate with respect to cross-border mergers, cross-border divisions and cross-border transfers of seat (cross-border conversions). Affirming a clear need for such legislation, it is recommended to extend the Cross-Border Mergers Directive into a single Cross-Border Mobility Directive encompassing revised rules on cross-border mergers as well as new rules on cross-border divisions and cross-border transfers of seat for all legal ...

This study describes the challenges for competition policy in relation to the digital economy. It explores the specific characteristics of digital economy markets and how these characteristics impact competition policy. The study focusses on competition policy and its instruments such as anti-trust laws, merger regulation, State aid and sector regulation. Neighbouring policy fields such as copyright and data protection are outlined where important but not analysed in detail. This study was prepared ...

The aim of EU competition policy is to safeguard the Single Market by ensuring that enterprises can compete on equal terms. Competition policy encompasses a wide range of areas: antitrust and cartels, merger examination, state aid, the liberalisation of markets and international cooperation. Recent developments include the private antitrust damages actions directive, the recommendation on collective redress and complex modernisation of the state aid rules. Finding effective deterrents to cartels ...

Both the EU and the US have well-developed competition policies that aim to prevent and penalise anticompetitive behaviour. Although the EU and US systems share similar aims, there are a number of significant differences. The EU has an administrative system for antitrust enforcement, in which companies are penalised with fines. In contrast, US antitrust enforcement is based on criminal law, with financial and custodial penalties against individuals.