AmCham EU’s competition policy conference, Brussels, 12 November 2019.
Competition policy has been found to make a positive contribution to the EU’s economic growth and the EU has one of the most robust competition policy systems in the world. European competition policy encompasses many fields, not least antitrust measures, merger control and State aid. It is enforced by the European Commission, whose decisions can be contested in the Court of Justice of the European Union. Recent policy developments include the antitrust damages system and the framework empowering national competition authorities. Topics discussed in this paper include the role of competition policy in the digital era, merger control, instruments such as the leniency programme, commitments and settlements, and the potential impact of current political developments.
This document, prepared by Policy department A at the request of the Economic and Monetary Affairs Committee (ECON), summarises the key findings of the study on the EU Statutory Audit Reform.