Article 169: Objectives of Community Competition Policy

 

1..        The goal of the Community Competition Policy shall be to ensure that the benefits expected from the establishment of the CSME are not frustrated by anti-competitive business conduct.

  1.         In fulfilment of the goal set out in paragraph 1 of this Article, the Community shall pursue the following objectives:

(a)        the  promotion  and  maintenance  of  competition  and  enhancement of economic efficiency in production, trade and commerce;

(b) subject to this Treaty, the prohibition of anti-competitive business conduct which prevents, restricts or distorts competition or which constitutes the abuse of a dominant position in the market; and

(c)        the promotion of consumer welfare and protection of consumer interests.