Council Regulation No 17/62
E858282
Council Regulation No 17/62 was the European Economic Community’s original foundational antitrust enforcement regulation, establishing procedures for applying competition rules on restrictive agreements and abuses of dominant positions.
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
European Economic Community regulation
ⓘ
antitrust enforcement regulation ⓘ competition law instrument ⓘ |
| adoptedBy | Council of the European Economic Community NERFINISHED ⓘ |
| adoptedByBody | Council of Ministers of the EEC NERFINISHED ⓘ |
| aim |
effective enforcement of EEC competition rules
ⓘ
protection of competition in the common market ⓘ |
| appliesToTerritory | Member States of the European Economic Community NERFINISHED ⓘ |
| basedOnArticle |
Article 85 of the EEC Treaty
ⓘ
Article 86 of the EEC Treaty NERFINISHED ⓘ |
| concerns |
abuse of a dominant position within the common market
ⓘ
agreements between undertakings affecting trade between Member States ⓘ concerted practices affecting trade between Member States ⓘ |
| enforcementAuthority | European Commission NERFINISHED ⓘ |
| establishes |
centralised enforcement system for EEC competition law
ⓘ
notification and authorisation system for restrictive agreements ⓘ procedure for individual exemption decisions ⓘ |
| grantsPowerTo | European Commission NERFINISHED ⓘ |
| hasShortDescription | original EEC procedural regulation for antitrust enforcement ⓘ |
| influenced | development of EU competition procedure law ⓘ |
| introducedSystem |
Commission monopoly on granting exemptions under Article 85(3) EEC
ⓘ
prior notification of agreements to obtain exemption ⓘ |
| jurisdiction | European Economic Community NERFINISHED ⓘ |
| languageOfTitle | English ⓘ |
| legalArea | EU internal market NERFINISHED ⓘ |
| legalSystem |
European Economic Community
NERFINISHED
ⓘ
European Union law NERFINISHED ⓘ |
| partOf | EEC competition law framework ⓘ |
| providesFor |
Commission decisions finding infringements of competition rules
ⓘ
Commission power to conduct on-the-spot inspections ⓘ Commission power to impose periodic penalty payments ⓘ Commission power to require information from undertakings ⓘ |
| regulates |
dawn raids and inspections by the European Commission
ⓘ
fines for infringement of EEC competition rules ⓘ granting of exemptions from the cartel prohibition ⓘ investigative powers of the European Commission in competition cases ⓘ notification of agreements to the Commission ⓘ procedures for applying EEC competition rules ⓘ |
| replacedBy | Council Regulation (EC) No 1/2003 NERFINISHED ⓘ |
| roleInLegalHistory |
first comprehensive EEC antitrust enforcement regulation
ⓘ
foundational instrument of EU competition procedure ⓘ |
| status | repealed ⓘ |
| subjectMatter |
abuse of dominant position
ⓘ
antitrust enforcement ⓘ competition law ⓘ restrictive agreements ⓘ |
| typeOfNorm | secondary EU legislation ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.