The EU Court of Justice holds that the concept of an undertaking encompasses every entity engaged in an economic activity regardless of the legal status of the entity and the way it is financed (Höfner / Macrotron)

Case C-41/90 Klaus Höfner and Fritz Elser v Macrotron GmbH* 1. A public employment agency engaged in the business of employment procurement may be classified as an undertaking for the purpose of applying the Community competition rules since, in the context of competition law, that classification