06/14/05

One of the main restrictive policies created by the European Union is the Competition Law. There are three different aspects covered by this policy. In the first case, the European Union controls antitrust situations where companies follow anti-competitive behaviors. In the second case, this policy can penalize companies for doing illegal mergers, acquisitions or joint ventures. Finally, the EU competition law is in charge of state aids which controls direct and indirect aid given by the EU member states to diverse companies. As an example of a company affected by this regulation it is crucial to mention the case of Microsoft.

Microsoft Example