Consumer Protection Drives EU Market Abuse Efforts

Law360, New York (December 3, 2008, 12:00 AM EST) -- In a change of tone that tacitly acknowledges U.S. antitrust policy, the European Commission issued a paper Wednesday that emphasized the importance of consumer protection in its enforcement efforts.

The commission published a draft guidance on its priorities for enforcement under the EC Treaty's Article 82, which bans market abuse by dominant powers, to help businesses and national competition law regulators understand the principles underlying its decision to pursue certain cases.

“It will ensure that the commission's intervention is effective and should leave dominant undertakings in...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.