Legal development

Legal Insights-Cartels 2022

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    Article 101(1) of the Treaty on the Functioning of the European Union (“TFEU”) prohibits any agreement or concerted practice between undertakings, or decision of an association of undertakings, which has as its object or effect the prevention, restriction or distortion of competition, and which has an effect on trade between EU Member States. This prohibition applies across the 27 Member States (since the United Kingdom (“UK”) left the EU on 31 January 2020) and may also apply to anti-competitive activity taking place outside the EU if it has an impact within the EU (which is not uncommon, for example, in relation to international cartels).

    First published by Global Legal Insights, This book offers an updated perspective cartel laws and regulations within the European Union. To view Ashurt's chapter contribution, please follow the link attached Cartels Laws and Regulations 2022| European Union

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