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Requirements for proper functioning.

Actualizado: 18 dic 2017

There are four fundamental bases on which the policy must be based :

  • Transparency: the EU rules require that aid given to companies must be transparent.

Procedures of transparency.

First, agencies promote transparency with respect to the laws enforced by and policies followed. Second, agencies develop the processes that the agencies implement in their investigation.

  • Effective control: the efficiency of policies depends critically on the credibility of the enforcing authority.

Ways of executing effective control.

Exhaustive monitoring, sanctions and quality controls...

  • Credibility: competition policy must not only be applied, it must also be expected to be applied.

  • Institutional trust: competition law has to be supported by a high level of institutional trust and ideally enclosed in a set of complementary policies.

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