BELGIUM EU

EU commission executive vice-president speaks on revised Market Definition Notice

epa11136870 Executive Vice President of the European Commission for A Europe Fit for the Digital Age Margrethe Vestager gives a press conference to present revised Market Definition Notice in Brussels, Belgium, 08 February 2024. The European Commission on 08 February adopted a new notice on market definition, the first revision of the Market Definition Notice since its adoption in 1997, updating the guidance on how to define relevant markets when enforcing competition rules. The revised Notice brings the Commission's guidance in line with new market realities, as well as with developments in the Commission's case practice and EU case law. It will enhance transparency and legal certainty for businesses, facilitate compliance and contribute to more efficient competition enforcement. EPA/OLIVIER HOSLET

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