Spring 2006, Volume 2, Number 1
Unilateral Effects and Vertical Restraints
Firms with market power engage in a variety of business practices that harm their rivals. Under what circumstances should the antitrust laws condemn these practices because they will harm consumers? This long-standing question is being discussed with renewed intensity both in the European Community and in the United States. The European Commission’s Directorate-General for Competition (DG COMP) has been working on a document explaining its views on this question for more than a year.