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Questions and Answers
What does the concept of an undertaking refer to in competition law?
What does the concept of an undertaking refer to in competition law?
According to the text, what is the functional character of the concept of an undertaking?
According to the text, what is the functional character of the concept of an undertaking?
How is 'undertaking' defined in competition law?
How is 'undertaking' defined in competition law?
What is considered as economic activity according to the text?
What is considered as economic activity according to the text?
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According to the text, what does the concept of an 'undertaking' encompass in competition law?
According to the text, what does the concept of an 'undertaking' encompass in competition law?
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What is the functional character of the concept of an 'undertaking' as per the text?
What is the functional character of the concept of an 'undertaking' as per the text?
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What is the key characteristic of economic activity according to the text?
What is the key characteristic of economic activity according to the text?
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In which case was the notion of an undertaking defined as encompassing every entity engaged in an economic activity?
In which case was the notion of an undertaking defined as encompassing every entity engaged in an economic activity?
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Study Notes
Concept of an Undertaking in Competition Law
- The concept of an undertaking refers to an entity that engages in economic activity.
Definition of an Undertaking
- An undertaking is defined as every entity engaged in an economic activity, regardless of its legal status or the way it is financed.
Functional Character of an Undertaking
- The functional character of an undertaking is economic, meaning its primary goal is to offer goods or services on a market.
Characteristics of Economic Activity
- Economic activity is characterized as any activity that consists of offering goods or services on a market.
Notion of an Undertaking
- The notion of an undertaking encompasses every entity engaged in an economic activity, as defined in the Höfner and Elser case.
Key Takeaway
- The concept of an undertaking is central to competition law, encompassing all entities engaged in economic activities that offer goods or services on a market.
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Description
Test your understanding of the concept of an undertaking in competition law with this quiz. Explore the functional character of the concept and its own definition in competition law, encompassing every entity engaged in economic activity regardless of legal status or financing.
