CONFERENCE: 10 YEARS OF APPLICATION OF THE REGULATION 1/2003 - APPLICATION OF THE COMPETITION LAW IN SMALL COUNTRIES - CHALLENGES - ROUNDTABLE 5

Challenges of the application of the competition law in small countries (10 ans d’application du règlement 1/2003 et de la loi luxembourgeoise relative à la concurrence, Luxembourg-Kirchberg, 6 juin 2014)

Competition law in the EU is based on a set array of legislation and guidelines. However, while both authorities and businesses benefit from a clear set of rules, applying a “one size fits all” format to all economies can have a distorted outcome. This concerns POST, as a Luxembourg state-owned undertaking which is the historical operator in the telecom and postal sector. Even when all these markets are fully liberalised, the “one-size-fits-all” application of competition law leads authorities to believe that POST has a dominant position. POST’s reply to this is not to "suffer" from this situation, but to fully embrace competition principles and to be fully transparent towards the Luxembourg competition and telecom sector authorities.

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. The legislator's point of view Franz FAYOT Chairman, Committee on the Economy, Chamber of Deputies, Luxembourg I. Introduction 1. Luxembourg is a small market with a population of 537,000 inhabitants, plus about 150,000 cross-border commuters who are present in the country during the working day. 2. Because of its small size, two phenomena characterise the Luxembourg market from the point of view of competition law: in many areas, the existence of markets dominated by a few companies (e.g. press distribution, television) and the presence of former monopolies (e.g. telecoms, energy). 3. Two observations must therefore be made. The first is that

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Authors

Quotation

Chris Fonteijn, Herwig H. C. Hofmann, Franz Fayot, Bob Schmitz, Claude Strasser, Challenges of the application of the competition law in small countries (10 ans d’application du règlement 1/2003 et de la loi luxembourgeoise relative à la concurrence, Luxembourg-Kirchberg, 6 juin 2014), December 2014, Concurrences N° 4-2014, Art. N° 69818, pp. 54-74

Visites 313

All reviews