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 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).


The EU Commissioner for Competition is entitled to:

  • Mobilise competition policy tools and market expertise to contribute, where appropriate, to creating jobs and promoting growth.
  • Develop the economic and legal approach of assessing competition issues and monitoring the market.
  • Effectively enforce competition rules in the areas of antitrust, cartels, mergers and state aid.
  • Strengthen the Commission’s reputation worldwide and promoting international cooperation in competition issues. European Commission