Pecuniary penalties imposed on undertakings within the EU competition policy

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Publication Details

Author list: Castilhos, D., Alves, D. R.
Publication year: 2018
Journal: New Trends and Issues Proceedings on Humanities and Social Sciences (2547-8818)
Number in series: 2
Volume number: 5
Issue number: 2
Start page: 96
End page: 101
Number of pages: 6
ISSN: 2547-8818
Languages: English-Great Britain (EN-GB)


Abstract

The European internal market allows people and businesses to circulate
freely in the 28 member states. The possibility of companies to compete
equally and fairly is guaranteed by European Union (EU) competition
policy. These rules encourage companies to be more efficient. The
present study provides an overview of the discussion of relevant issues
with these objectives: describing the creation and development of EU’s
competition policy and characterise the importance of the role played by
the European Commission in this area in addition to examining the
imposition of pecuniary sanctions on companies. Is at issue the
application of the rules in the Treaty on the functioning of the EU and
Regulation No 1/2003? In conclusion, it was verified that the system
adopted by the EU shows some fragility in the defence of the fundamental
rights of companies.


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Last updated on 2019-13-08 at 00:16