Glossary of competition terms

This Glossary matches the list of keywords used by Concurrences search engine. Each keyword is automatically updated by the most recent EU and national case laws from the e-Competitions Bulletin and Concurrences Review. The definitions are excerpt from from DG COMP’s Glossary of terms used in EU competition policy (© European Union, 2002) and the OECD’s Glossary of industrial organisation economics and competition law (© OECD, 1993).

Services of general economic interest

Services of an economic nature, the provision of which can be considered to be in the general interest. For example: basic, publicly accessible supply of energy, telecommunication, postal services, transport, water and waste disposal services. The Member States are primarily responsible for defining what they regard as services of general economic interest on the basis of the specific features of the activities concerned. However, their definitions are subject to the Commission’s control for manifest errors where Member States specifically entrust undertakings within the meaning of Article 86(2) of the EC Treaty with services of general economic interest. The precise definition of the particular task assigned to the entrusted undertaking is an important element for assessing whether and to what extent it is justified for the State to grant exclusive rights or funds to that undertaking in order to ensure the fulfilment of the task. © European Commission

See also Article 14 TFEU and Protocol No 26 annexed to the TFEU

Glossary