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单词 abuse of a dominant position
释义

abuse of a dominant position

abuse of a dominant position Anti-competitive business practices by large enterprises, i.e. those having (usually) a market share of at least 40% in at least one EU state. Examples of such activities, which are contrary to Article 102 of the Treaty on the Functioning of the European Union and the UK Competition Act 1998, include refusing to supply an existing customer and engaging in predatory pricing. The European Commission and the Competition and Markets Authority can fine businesses up to 10% of annual worldwide group turnover for breach of Article 102. High fines include €899 million against Microsoft in 2008.

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更新时间:2025/4/13 19:31:26