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European Commissioner for Competition

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European Commissioner for Competition
OfficeEuropean Commissioner for Competition
IncumbentMargrethe Vestager
DepartmentEuropean Commission
Formation1958
Website[https://ec.europa.eu/commission/commissioners/2019-2024/vestager_en ec.europa.eu]

European Commissioner for Competition is a high-ranking official in the European Commission, responsible for promoting competition policy and enforcing antitrust law within the European Union. The Commissioner works closely with the Directorate-General for Competition to ensure that companies operating in the EU comply with competition law, and that mergers and acquisitions do not harm consumer welfare. The Commissioner also collaborates with other EU institutions, such as the European Parliament and the Council of the European Union, to develop and implement competition policy. This involves working with other Commissioners, such as the European Commissioner for Internal Market and the European Commissioner for Economic and Financial Affairs, to promote a competitive and integrated European single market.

Introduction

The European Commissioner for Competition plays a crucial role in promoting fair competition and preventing anti-competitive practices in the EU. The Commissioner is responsible for enforcing Article 101 of the Treaty on the Functioning of the European Union and Article 102 of the Treaty on the Functioning of the European Union, which prohibit cartels and abuse of dominant position. The Commissioner works closely with the European Court of Justice and the General Court (European Union) to ensure that EU competition law is applied consistently and effectively. The Commissioner also engages with other international organizations, such as the Organisation for Economic Co-operation and Development and the International Competition Network, to promote global competition policy and cooperation. This involves collaborating with other competition authorities, such as the United States Federal Trade Commission and the Australian Competition and Consumer Commission, to address global competition challenges.

Role and Responsibilities

The European Commissioner for Competition has a wide range of responsibilities, including investigating complaints and notifications related to mergers and acquisitions, cartels, and abuse of dominant position. The Commissioner is also responsible for developing and implementing competition policy, in consultation with other EU institutions and stakeholders. This involves working with the European Competition Network to coordinate the enforcement of competition law across the EU, and with the European Investment Bank to promote investment and innovation. The Commissioner must also ensure that EU competition law is applied in a consistent and transparent manner, and that companies operating in the EU are aware of their obligations under EU competition law. The Commissioner works closely with other EU institutions, such as the European Central Bank and the European Investment Bank, to promote financial stability and economic growth.

History of

the Office The office of the European Commissioner for Competition was established in 1958, with the appointment of the first European Commission under the Treaty of Rome. The first Commissioner for Competition was Lionello Levi Sandri, who played a key role in developing the EU's competition policy. Since then, the office has been held by a number of prominent Commissioners, including Pietro Campilli, Ray MacSharry, and Mario Monti. The Commissioner has worked closely with other EU institutions, such as the European Parliament and the Council of the European Union, to develop and implement EU competition policy. This has involved collaborating with other Commissioners, such as the European Commissioner for Internal Market and the European Commissioner for Economic and Financial Affairs, to promote a competitive and integrated European single market. The Commissioner has also worked with international organizations, such as the World Trade Organization and the International Monetary Fund, to promote global economic cooperation.

List of Commissioners

The following is a list of European Commissioners for Competition: * Lionello Levi Sandri (1958-1962) * Pietro Campilli (1962-1967) * Maarten van der Weijden (1967-1970) * Albert Borschette (1970-1976) * Ray MacSharry (1989-1992) * Leon Brittan (1993-1995) * Karel Van Miert (1995-1999) * Mario Monti (1999-2004) * Neelie Kroes (2004-2010) * Joaquín Almunia (2010-2014) * Margrethe Vestager (2014-present) The Commissioner has worked closely with other EU institutions, such as the European Court of Justice and the General Court (European Union), to ensure that EU competition law is applied consistently and effectively. The Commissioner has also collaborated with other competition authorities, such as the United States Federal Trade Commission and the Australian Competition and Consumer Commission, to address global competition challenges.

Powers and Enforcement

The European Commissioner for Competition has a range of powers to enforce EU competition law, including the power to investigate complaints and notifications, and to impose fines and penalties on companies that breach EU competition law. The Commissioner can also require companies to divest assets or to take other remedial action to address competition concerns. The Commissioner works closely with the European Court of Justice and the General Court (European Union) to ensure that EU competition law is applied consistently and effectively. The Commissioner also collaborates with other EU institutions, such as the European Parliament and the Council of the European Union, to develop and implement EU competition policy. This involves working with other Commissioners, such as the European Commissioner for Internal Market and the European Commissioner for Economic and Financial Affairs, to promote a competitive and integrated European single market.

Notable Cases and Decisions

The European Commissioner for Competition has been involved in a number of high-profile cases and decisions, including the Microsoft case, the Google case, and the Intel case. The Commissioner has also played a key role in developing EU policy on state aid, mergers and acquisitions, and cartels. The Commissioner has worked closely with other EU institutions, such as the European Court of Justice and the General Court (European Union), to ensure that EU competition law is applied consistently and effectively. The Commissioner has also collaborated with other competition authorities, such as the United States Federal Trade Commission and the Australian Competition and Consumer Commission, to address global competition challenges. This has involved working with international organizations, such as the Organisation for Economic Co-operation and Development and the International Competition Network, to promote global competition policy and cooperation. The Commissioner has also engaged with other stakeholders, such as the European Consumer Organisation and the European Trade Union Confederation, to promote consumer welfare and social justice. Category:European Union

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