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by zamadatix
419 days ago
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The EU's regulatory stance on antitrust does not require a monopoly, it requires a dominant position in a market meeting use of certain criteria marked as abuse. https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CEL... From there when they tell a company they are breaching criteria for abuse and the company doesn't change the EU issues according fines. As for "why" this is against the law, I assume that more to mean "why did the EU make this against the law" (since the other answer is simply "because the EU law was written as so". The arguments are largely the same as for why monopolies should not be allowed to operate: to ensure free market competition by preventing a few dominating companies from unduly pressuring the market. There are, of course, some who feel the freest market is one with no governmental regulations at all but they are not the majority (at least in the EU). |
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