Unbundling

Separation of the various components of production, distribution and service in order to introduce greater elements of competition to these segments of an industry. ‘Functional unbundling’ requires monopolistic utilities to provide access to (part of) their...

Undertaking

For the purpose of EU antitrust law, any entity engaged in an economic activity, that is, an activity consisting in offering goods or services on a given market, regardless of its legal status and the way in which it is financed, is considered an undertaking. To...