concerted practice

concerted practice

a situation defined by European Union and UK competition law as one where rival firms, without engaging in formal COLLUSION (See ANTI-COMPETITIVE AGREEMENT), nonetheless informally coordinate their behaviour in respect of selling prices and discounts, and engage in market-sharing and joint capacity adjustments.

Under the EU's Article 85 of the Treaty of Rome and the UK's COMPETITION ACT, 1998 concerted practices are prohibited outright. See COMPETITION POLICY (EU), COMPETITION POLICY (UK).

concerted practice

a situation defined by European Union and UK competition law as one where rival firms, without engaging in formal COLLUSION (see ANTI-COMPETITIVE AGREEMENT), nonetheless informally coordinate their behaviour in respect of selling prices and discounts, and engage in market-sharing and joint capacity adjustments.

Under the EU's Article 85 of the Treaty of Rome and the UK's COMPETITION ACT 1998, concerted practices are prohibited outright. See COMPETITION POLICY (EU), COMPETITION POLICY (UK).

References in periodicals archive ?
Moreover, Article 101 (1) TFEU also requires that the agreement, decision or concerted practice has the object or effect of preventing, restricting or distorting competition in the Common Market.
Questions first came to light in September 2009 after JJB Sports approached the Office of Fair Trading over a "suspected agreement or concerted practice to dampen competition in the sports retail market".
The inquiry first came to light in September last year after JJB Sports approached the Office of Fair Trading over a "suspected agreement or concerted practice to dampen competition in the sports retail market".
The inquiry first came to light in September last year after JJB Sports approached the Office of Fair Trading (OFT) over a "suspected agreement or concerted practice to dampen competition in the sports retail market".
The Netherlands Competition Authority ruled that the companies had entered into a concerted practice and imposed a [euro]88 million (almost $129 million) fine.
JJB said it related to an "agreement or concerted practice to dampen competition in the sports retail market" dating back to June 2007.
JJB approached the OFT on January 30 over a "suspected agreement or concerted practice to dampen competition in the sports retail market" between June 8 2007 and March 25 this year - the period that former chief executive Chris Ronnie was at the business.
Mr Justice Morgan ruled that Coral, Ladbrokes, William Hill and Betfred had not committed an unlawful, concerted practice in refusing to purchase TurfTV.
ON Ruhrgas and Gaz de France, concerning their alleged agreement or concerted practice to keep out of each other's home market for the supply of gas," the commission said.
The European Commission can confirm that it has sent a statement of objections to Eon, Eon Ruhrgas and Gaz de France, concerning their alleged agreement or concerted practice to keep out of each other's home market for the supply of gas.
According to findings by the Commission there existed during the period in question an agreement or concerted practice between Carlsberg and Heineken to limit competition in their respective home markets, Carlsberg said.
Based on a list of frequently asked questions on the application of EU rules on concerted practice and abuse of dominant position in this sector, it provides guidance to interested parties on how it applies the rules, particularly in the markets for repair and maintenance services and spare parts.