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Competition

Competition

Free competition is a key element of an open market economy. It stimulates European economic performance and offers consumers a broader choice of better-quality products and services and at more competitive prices.
European Union competition policy ensures that competition is not distorted in the internal market by ensuring that similar rules apply to all the companies operating within in it.
Title VII, chapter 1 of the Treaty on the Functioning of the European Union lays down the basis for the Community rules on competition.

See also

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