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competition policy

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competition policy

Government policy on competition in markets. Competition policy is usually aimed at increasing the level of competition in the market, for example by breaking up monopolies and making restrictive trade practices illegal.



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Content focuses on vertical and conglomerate mergers, enlargement of the EU and its ramifications for competition policy, unilateral and coordinated efforts in merger control, cartels and leniency and the restatement and evolution of Article 82.
Attempts to introduce a consumer-welfare-oriented competition policy or to protect intellectual property rights were sacrificed to national sovereignty, as countries maintained that they reserved the right to have whatever domestic policies they chose.
Parkinson for the Division's work on issues related to financial regulations and financial stability, with a special focus on banking analysis and competition policy.
 
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