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Article 101 TFEU Overview Quiz
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Article 101 TFEU Overview Quiz

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Questions and Answers

Which of the following is an example of a practice prohibited by Article 101(1) TFEU?

  • Agreements that promote innovation and market growth
  • Agreements that encourage fair competition
  • Agreements that directly or indirectly fix purchase prices (correct)
  • Agreements that limit technical development
  • Agreements that enhance trade between Member States
  • Which of the following is considered incompatible with the internal market according to Article 101(1) TFEU?

  • Decisions that encourage healthy competition
  • Undertakings that enhance market transparency
  • Concerted practices that share markets or sources of supply (correct)
  • Agreements that promote free trade
  • Decisions that apply similar conditions to equivalent transactions
  • Which of the following is a criterion for a practice to be prohibited under Article 101(1) TFEU?

  • Encouraging fair and open competition
  • Applying dissimilar conditions to equivalent transactions with other trading parties (correct)
  • Limiting or controlling production, markets, technical development, or investment
  • Enhancing transparency in trading conditions
  • Promoting market diversity and consumer choice
  • What type of agreements are prohibited by Article 101(1) TFEU?

    <p>Decisions by associations of undertakings that limit or control production</p> Signup and view all the answers

    Which of the following is a prohibited practice under Article 101(1) TFEU?

    <p>Making the conclusion of contracts subject to acceptance by the other parties of supplementary obligations with no connection to the subject of such contracts</p> Signup and view all the answers

    Which of the following is an example of a practice prohibited by Article 101(1) TFEU?

    <p>Agreements that directly or indirectly affect purchase or selling prices</p> Signup and view all the answers

    Which of the following is a criterion for a practice to be prohibited under Article 101(1) TFEU?

    <p>The practice places other trading parties at a competitive disadvantage</p> Signup and view all the answers

    Which of the following is considered incompatible with the internal market according to Article 101(1) TFEU?

    <p>Concerted practices that directly or indirectly affect trade between Member States</p> Signup and view all the answers

    Which of the following is a prohibited practice under Article 101(1) TFEU?

    <p>Agreements that directly or indirectly affect purchase or selling prices</p> Signup and view all the answers

    Which of the following is a criterion for a practice to be prohibited under Article 101(1) TFEU?

    <p>The practice makes the conclusion of contracts subject to acceptance by the other parties of supplementary obligations</p> Signup and view all the answers

    Study Notes

    Article 101(1) TFEU: Prohibited Practices

    • Article 101(1) TFEU prohibits agreements between undertakings, decisions by associations of undertakings, and concerted practices that may affect trade between EU member states.
    • Prohibited agreements and practices are those that restrict competition, such as price fixing, output restrictions, and market sharing.

    Criteria for Prohibited Practices

    • A practice is prohibited under Article 101(1) TFEU if it has as its object or effect the prevention, restriction, or distortion of competition within the internal market.
    • Practices incompatible with the internal market according to Article 101(1) TFEU are those that hinder the integration of the single market, restrict competition, and harm consumers.

    Examples of Prohibited Practices

    • Price fixing agreements between competitors are prohibited under Article 101(1) TFEU.
    • Output restrictions, such as limitations on production or sales, are prohibited under Article 101(1) TFEU.
    • Market sharing agreements, where companies agree to divide markets or customers, are prohibited under Article 101(1) TFEU.

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    Description

    Test your knowledge of Article 101 TFEU with this overview quiz. Explore the key prohibitions related to agreements between undertakings, associations of undertakings, and concerted practices that impact competition within the internal market.

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