what extend and what degree are single market and copmetiiton policy mutually compatible?

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what extend and what degree are single market and copmetiiton policy mutually compatible?

2006-12-05 04:09:57 · 2 answers · asked by dipal s 1 in Social Science ➔ Economics

2 answers

Very much so. If you restrict foreign competition, you restirct competition in general...

2006-12-05 05:03:41 · answer #1 · answered by NC 7 · 0⤊ 1⤋

They are complementary. Competition policy aims to prevent monopolies and ensure a level playing field for companies from all Member states (notably with government contracts). The single market aims to remove barriers to competition, and ensure that alll businesses based in the EU can do business in all EU countries. (We ain't quite there yet: for example, car hire companies are allowed to deny you the right to take the car from one EU country to another; and healthcare insurance policies are allowed to insist on you living in a particular country.)

2006-12-06 18:57:23 · answer #2 · answered by MBK 7 · 0⤊ 0⤋