TY - GEN N2 - Everyone recognizes that competition is the process by which companies are induced to offer consumers the lowest prices and introduce innovations to earn higher profits. Antitrust enforcement should focus on real competition problems, on behaviour that has actual or likely restrictive effects on the market, and which harms consumers; it should be aimed at protecting competition and not competitors. A real revolution in the application of European competition law took place with the modernization package implemented in the last few years, involving the now-decentralized application of Articles. AB - Everyone recognizes that competition is the process by which companies are induced to offer consumers the lowest prices and introduce innovations to earn higher profits. Antitrust enforcement should focus on real competition problems, on behaviour that has actual or likely restrictive effects on the market, and which harms consumers; it should be aimed at protecting competition and not competitors. A real revolution in the application of European competition law took place with the modernization package implemented in the last few years, involving the now-decentralized application of Articles. T1 - Competition law and economics :advances in competition policy and antitrust enforcement / AU - Mateus, Abel Moreira., AU - Mateus, Abel Moreira, AU - Moreira, Teresa Coelho, ET - V. 31. CN - KJE6456.A8 N1 - Proceedings of the first Lisbon Competition Law and Economics Conference, that took place at Centro Cultural de Belém, Lisbon, 3-4 Nov. 2005. N1 - 1st Lisbon Conference on Competition Law and Economics, Lissabon, 3-4 november 2005. N1 - Lisbon Conference on Competition Law and Economics. ID - 25275 KW - Competition KW - Law and economics KW - Entreprises KW - Concurrence SN - 9789041126320 TI - Competition law and economics :advances in competition policy and antitrust enforcement / ER -