6.01 The accuracy and outcome of the market definition process can substantially alter the Commission’s assessment of a merger. According to the ‘Commission Notice on the definition of the relevant market for the purposes of Community competition law’,1 market definition is a tool to identify and define the degree of competition between firms. It aims to establish the framework within which competition policy is applied by the Commission. The main purpose of market definition is to identify in a systematic way the competitive constraints that the undertakings...
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