Competition policy

The framework can address anti-competitive agreements, abuse of market power, mergers and other matters defined by the relevant jurisdiction. Its objectives and tests are not captured by the claim that every large business or dominant position is illegal. Businesses consider how applicable rules and enforcement affect pricing, collaboration, acquisitions and market access. Precise legal duties, exemptions and institutional powers require current jurisdiction-specific evidence. For a real decision, establish the applicable jurisdiction and current rules before drawing legal conclusions.