by 21st Century Competition | May 8, 2014
Agreement or concerted practice entered into between two or more undertakings each of which operates, for the purposes of the agreement, at a different level of the production or distribution chain, and relating to the conditions under which the parties may purchase,...
by 21st Century Competition | May 8, 2014
Costs that vary with the amount of production. Examples are the costs of material and energy used in the production process. Source: Glossary of terms used in EU competition policy, Antitrust and control of concentrations, European Commission, 2002 Share...