The European Commission published the revised notice on market definition – Economic analysis


To print this article, all you need to do is be registered or log in to

The European Commission has published proposals to modify the Communication on market definition in view of the significant developments of recent years, in particular in response to the spread of digitalisation. The main objective of the draft revised notice on market definition is to minimize potential competition problems by providing companies with more guidance, transparency and legal certainty.

The most notable change introduced by the project is that it puts greater emphasis on non-price factors of market definition, such as innovation and the quality of products and services. In order to achieve this objective, the project introduces new guidelines and principles for the market definition of digital markets and innovation-intensive markets by explaining how the market should be assessed when companies compete in terms of innovation. The European Commission believes that by relying more on qualitative techniques rather than quantitative techniques when collecting and evaluating evidence, it is possible to properly assess these markets. In addition, the prerequisites for defining global markets have been changed as the European Commission believes that geographic markets are larger or likely to become larger in the near future and that precise regulation can reduce barriers to global trade while maintaining a competitive environment.

This is the first time the Market Definition Communication has been revised since it was first adopted in 1997 and overall the draft Communication shows that the European Commission is ready to adapt its rules to global and digital markets, because any competition problems that have arisen in these markets are also detrimental to technological and innovative developments.

(European Commission – 08.11.2022)

The content of this article is intended to provide a general guide on the subject. Specialist advice should be sought regarding your particular situation.

POPULAR ARTICLES ON: European Union Strategy

Economic Weekly Alert 36/2022

KPMG in Cyprus

Νέα άνοδοδοule των επιτοκίων στα Δάνεια σεπίπεδα 2016-2018, Δείχνουν νέα στοιχεία που ανακοίν

Economic Weekly Alert 34/2022

KPMG in Cyprus

Τα προκαταρκτικά Δημοσιομικά αποτελέσματα πτοιμάστηκαν από τη στατιστική υπηρεσία για για

Economic Weekly Alert 35/2022

KPMG in Cyprus

Οι αφίξε Then

Individuals: Coaching Direct Reports

TCii Strategic and Management Consultants

In today’s business environment, one of the most important roles CEOs can take on is that of coach, teacher, and mentor. One of the best tools CEOs can use to coach is a consistent, structured one-on-one with their direct reports.

Everything about the Swiss commercial register

Secretan Troyanov & Partners

Foreign counterparts dealing with Swiss companies often request various social documents to ensure that the Swiss company can not only enter into the type of transaction envisaged, but also that the directors signing on behalf of the company are authorized to do so (resolutions of the board of directors, statutes, articles of incorporation, etc.).


Comments are closed.