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EU competition law is one of the most important areas of EU law. EU competition law is integral to many of the core values of the European Union, such as free movement of workers, goods and services.
EU competition law is covered by two main articles of the EC Treaty. Article 81 prevents undertakings making anti-competitive agreements. In particular, Article 81 forbids price-fixing, controlling production and sharing markets. An undertaking is likely to be in breach of EU competition law if it makes an agreement with another undertaking which has an effect on trade.
A concerted practice is where one enterprise deliberately co-ordinates its behaviour with another enterprise and this is also forbidden by Article 81. The most common example of this is by agreeing to raise prices at the same time. If this occurs there need not be evidence of an actual agreement; the fact that the two enterprises have synchronised activity could be sufficient to prove that the parties are in breach of EU competition law.
