Directorate-General for Competition

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The Directorate-General for Competition (DG COMP) is a Directorate-General of the European Commission, located in Brussels, Belgium. The DG Competition is responsible for establishing and implementing a coherent competition policy for the European Union. The DG Competition has a dual role in antitrust enforcement: an investigative role and a decision-making role. This duality of roles has been criticized in the past.[citation needed] In response to such criticism, DG Competition has implemented a number of internal reforms in order to guarantee parties' due process rights.[citation needed]

DG Competition is also considered to be one of the most sophisticated antitrust enforcers in the world,[citation needed] alongside the US agencies[citation needed] (the Federal Trade Commission and the Antitrust Division of the Department of Justice), and is famous for the fines to corporations, which «went up to €3.4bn between 2000 and 2004, and €9.4bn between 2005 and 2009! Between 2010 and 2012, it was still at €5.4bn».[1]

The DG Competition policy areas include the following:

  • antitrust (agreements and conduct prohibited under Articles 101 and 102 of the TFEU),
  • mergers (Commission Regulation (EC) No 802/2004 implementing Council Regulation (EC) No 139/2004 (The "Implementing Regulation") and its annexes (Form CO, Short Form CO and Form RS)),
  • liberalisation (Article 106 of the TFEU),
  • state aid - ensuring that government interventions do not distort competition within the EU by selectively benefiting one company or a subset of companies over others (Articles 107 - 109 of the TFEU),
  • international cooperation.

The DG Competition is led by commissioner Margrethe Vestager, who is currently serving a five-year term ending in 2019.[2]

References[edit]

  1. ^ The fight against the cartels: The Brussels informers (1/2), Les Echos, 9 July 2013.
  2. ^ "The Commissioners: Margrethe Vestager, Competition". European Commission. Retrieved January 6, 2017. 

See also[edit]

External links[edit]