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Europe Daily Bulletin No. 13346

9 February 2024
ECONOMY - FINANCE - BUSINESS / Competition
European Commission updates its methodology for defining relevant market to provide greater transparency and predictability
Brussels, 08/02/2024 (Agence Europe)

On Thursday 8 February, European Competition Commissioner Margrethe Vestager presented the first update since 1997 of the European Commission’s Communication on the definition of the relevant market for the purposes of European Union competition law.

For Margrethe Vestager, it is a question of adapting the text to the markets, which have evolved, and to consumer behaviour. The new text reflects the way in which the Commission’s approach has evolved since 1997.

In this document, the EU...

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