Fixed costs

Costs that do not vary with the amount of goods or services produced. Examples include interest payments on accumulated debt, property taxes and rent. Source: Glossary of terms used in EU competition policy, Antitrust and control of concentrations, European...

Fine

A monetary penalty imposed by a Commission decision on an under- taking, for a violation of EC competition rules. Source: Glossary of terms used in EU competition policy, Antitrust and control of concentrations, European Commission, 2002 Share this: Click to email a...

Failing firm defence

See Rescue merger  Source: Glossary of terms used in EU competition policy, Antitrust and control of concentrations, European Commission, 2002 Share this: Click to email a link to a friend (Opens in new window) Email Click to print (Opens in new window) Print Click to...

Extra-territoriality

Term normally used to describe the exercise by a sovereign State of jurisdiction over foreigners in respect of acts done outside the borders of that State. One could say that — in a very broad sense — the EU applies its competition rules in an extra-territorial manner...

Exhaustion

Intellectual property rights (IPRs) such as patents and trademarks give the developer certain exclusive rights over the exploitation of his work, such as in production and commerce. However, within the EU, the exclusive right cannot be used to artificially split up...