Competition in business promotes utilisation of raw materials, capital, labour and transport in the most efficient and appropriate way. When goods are produced to the lowest possible costs and offered to the lowest possible price, the resources in society are properly exploited.
The European law is based on the view that competition is an essential prerequisite for a functioning market economy.
Competition rules ensure effective competition in a market and prevent impediment to market access. Hence, the competition law is an instrument applied to regulate and develop a successful competitive market. Furthermore, the competition law has a consumer and resource oriented perspective as it seeks to protect the consumers and to stimulate an effective use of resources.
Plougmann & Vingtoft offers counselling and support in IPR-related matters of competition law. Contact one of our qualified patent attorneys for more information or fill out this contact form with your enquiry and we will get back to you as soon as possible.
