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t. e. The Treaty on the Functioning of the European Union (TFEU) is one of two treaties forming the constitutional basis of the European Union (EU), the other being the Treaty on European Union (TEU). It was previously known as the Treaty Establishing the European Community (TEC). [1]
v. t. e. The Treaty on European Union (2007) is one of the primary Treaties of the European Union, alongside the Treaty on the Functioning of the European Union (TFEU). The TEU forms the basis of EU law, by setting out general principles of the EU's purpose, the governance of its central institutions (such as the Commission, Parliament, and ...
Purpose. Establishing the laws and principles under which the European Union is governed. The Treaties of the European Union are a set of international treaties between the European Union (EU) member states which sets out the EU's constitutional basis. They establish the various EU institutions together with their remit, procedures and objectives.
Article 101 reads, [1]. 1. The following shall be seen as incompatible with the internal market: all agreements between undertakings, decisions by associations of undertakings and concerted practices which may affect trade between Member States and which have as their object or effect the prevention, restriction or distortion of competition within the internal market, and in particular those ...
The jurisprudence of the CJEU has elaborated on four main responsibilities that derive from the principle of sincere cooperation: [1] 1) An obligation for respect and assistance between the EU and Member States in attaining the Treaties' objectives. 2) Member States have an active obligation to cooperate and comply with original and derivative ...
The exercise of both freedoms applies, according to Article 54 of the TFEU, to Self-employed persons and professionals or legal who are legally operating in one Member State. It consists in the right: [6] carry out an economic activity in a stable and continuous basis in another EU Member State (freedom of establishment based on Article 49 TFEU);
Article 102 of the Treaty on the Functioning of the European Union (TFEU) (formerly Article 82 of the Treaty establishing the European Community) [1] is aimed at preventing businesses in an industry from abusing their positions by colluding to fix prices or taking action to prevent new businesses from gaining a foothold in the industry.
European competition law today derives mostly from articles 101 to 109 of the Treaty on the Functioning of the European Union (TFEU), as well as a series of Regulations and Directives. Four main policy areas include: Cartels, or control of collusion and other anti-competitive practices, under article 101 TFEU.