Is EU competition policy a good thing?

It is a good thing because it lowers prices for consumers.
98% (157 votes)
It is a bad thing because it restricts firms growth.
2% (3 votes)
Total votes: 160

Comments

Abuse of a dominant position. A company can restrict competition if it is in a position of strength on a given market. A dominant position is not in itself anti-competitive, but if the company exploits this position to eliminate competition, it is considered to have abused it. Examples include: charging unreasonably high prices; depriving smaller competitors of customers by selling at artificially low prices they can't compete with; obstructing competitors in the market (or in another related market) by forcing consumers to buy a product which is artificially related to a more popular, in-demand product; refusing to deal with certain customers or offering special discounts to customers who buy all or most of their supplies from the dominant company; making the sale of one product conditional on the sale of another product. http://ec.europa.eu/competition/consumers/abuse_en.html
  • 1
  • 2
  • 3
  • 4
  • 5
Total votes: 9
Peer vote
  • 1
  • 2
  • 3
  • 4
  • 5
Total votes: 0
Expert vote

Competition policy is definitely a good thing, it`s a base of the modern market. If many companies compete they could offer a wider variety of goods and services. Of course it prevents the growth of firms, but I belive that it`s good. Because if firm couldn`t compete, sugeest the best choice, adapt to all market requirements, it means that it`s weak and can`t exist.
  • 1
  • 2
  • 3
  • 4
  • 5
Total votes: 9
Peer vote
  • 1
  • 2
  • 3
  • 4
  • 5
Total votes: 1
Expert vote

Depending on your alignment on the standard political compass, you might regard "big-government" interventionism as unsavory if not, outright malignant to any free-flowing commercial activity. However, even if one favors the Austrian School of Economics's perspective on how a free market should operate, that person must admit that the possibility of cartels and other parasitical financial and political entities developing in a wholely unrestrained and unattended market is almost certain, especially if we are analyzing something as complex and overarching as the the single market. So, if a sensible right or left wing libertarian can agree that you need some sort of control (be it limited or not) when looking at large scale commerce, I belive that for someone of my political stance this belief is mandatory. Leaving any possible criticism aside, there are, without a doubt, an important number of financial benefits that policies such as this one and other have for the average consumer. A great deal of the commercial activity of the EU (as a political organisation) is centered around the needs and profile of the typical consumers, so I do think that, overall, this policy does more good than harm and should be enforced in accordance.
  • 1
  • 2
  • 3
  • 4
  • 5
Total votes: 9
Peer vote
  • 1
  • 2
  • 3
  • 4
  • 5
Total votes: 1
Expert vote

In nowadays leading competition policy in countries of EU is one of the best ways of getting stable success and expressing your skills and abilities in economy sphere. EU is a very specific formation that has almost invisible country borders inside so due to this phenomenon it's really easy to cooperate and provide for businessmen a vide range of possibilities of competition. The customers are winners in such situation because exactly such kind of policy (competition one) provides low prices in the shops and a huge diversity of goods from different regions of EU. In Ukraine this phenomenon is not so fully disclosed but every single day our businessmen and politicians try to cooperate and keep communication with foreign partners for learning something really new and getting useful experience. In conclusion, EU competition policy is interesting, important and beneficial event not only for large conglomerates but also for the beginners in market. That helps to keep constant, profitable activity and stable development. That's why it is so unique and perspective.
  • 1
  • 2
  • 3
  • 4
  • 5
Total votes: 10
Peer vote
  • 1
  • 2
  • 3
  • 4
  • 5
Total votes: 1
Expert vote

To my mind, EU competition policy is a really good line of policy. Such cabal, first of all, helps to regulate balance of power between different companies.It's in turn better for consumers (I mean price-cutting for hight-quality service) So, I dare say that for reasons of policy and for people it's great party line
  • 1
  • 2
  • 3
  • 4
  • 5
Total votes: 9
Peer vote
  • 1
  • 2
  • 3
  • 4
  • 5
Total votes: 1
Expert vote

Competiton policy is for the consumers. It's been created to meet their needs in the products of both high quality and low prices. Such kind of policy is in special demand for the EU because of being the basis of the single market within the boundaries of the Union for all the memberstates. Competition is the driving force for the diversification of the offered service range. The companies are much eager to make something unique in order to attract as many customers as possible as well as not to lose ones. Furhtermore, the quality is also getting better, as every company wants to survive and achieve success in the battle for the customer. In a nutshell, thanks to the competition policy the consumers have a chance to enjoy their freedom to choose that very product they need. Consequently, I consider it to be a great thing.
  • 1
  • 2
  • 3
  • 4
  • 5
Total votes: 10
Peer vote
  • 1
  • 2
  • 3
  • 4
  • 5
Total votes: 1
Expert vote

Competition gives the opportunity to customers to buy different goods at low prices and with good quality. For firms competition is important, because it makes them develop and improve. If a firm wants to be a market leader, it needs to develop new and new products, or to constantly improve existing ones. Therefore, in my opinion, competition is a good thing not only for consumers, but also for firms.
  • 1
  • 2
  • 3
  • 4
  • 5
Total votes: 9
Peer vote
  • 1
  • 2
  • 3
  • 4
  • 5
Total votes: 1
Expert vote

–°ompetition is a powerful means of entrepreneurship development. Without it, market relations can not exist and develop. That is why competition is strongly encouraged and supported by the state by finding the most effective means of regulating business conditions. While conducting competition policy, the state aims at creating competitive relations in the domestic and international markets, improving the rules of competition, its institutional support. Consequently, the regulation of competition, control of the state of the markets corresponds to the interests of the business sector.
  • 1
  • 2
  • 3
  • 4
  • 5
Total votes: 11
Peer vote
  • 1
  • 2
  • 3
  • 4
  • 5
Total votes: 1
Expert vote

In my opinion EU competition policy is a good thing for consumers, but, unfortunately in some cases it is not a very good thing for firms. In the first place, EU competition policy has a very important role for the functioning of the single market. As a matter of fact, commpetition policy trys to fight monopoly in two ways. The EU trys to prevent the creation of monopoly and trys to prevent the abuse of monopoly power, in the case that it already exists. A monopoly with market power is a bad thing for the customers because the firms will produce to little at a to high price. In the second place, this policy helps consumers by lowering the price, creating a more diverse market with services and goods at a better quality. Overall, the EU competition policy is a good thing not only because it lowers prices for consumers but, also it sustains the single market by preventing monopolies to form and preventing the abuse of the monopolies that exist.
  • 1
  • 2
  • 3
  • 4
  • 5
Total votes: 13
Peer vote
  • 1
  • 2
  • 3
  • 4
  • 5
Total votes: 1
Expert vote

As for me, the EU competition policy is a good thing that regulates the single market. For example, for customers, it is a good ability to chose a variety of high-quality services, goods for moderate prices. That is why firms have to compete, offer more high-quality goods in order to attract more customers. Simultaneously this policy prevents the abusing of the monopoly that is very good for the single market`s improving.
  • 1
  • 2
  • 3
  • 4
  • 5
Total votes: 11
Peer vote
  • 1
  • 2
  • 3
  • 4
  • 5
Total votes: 1
Expert vote