The Directorate-General for Competition (DG COMP) is a Directorate-General of the European Commission, located in Brussels. The DG Competition employs around 850 officials,[1] as well as a number of seconded national officials, among other from national competition authorities. It is responsible for establishing and implementing competition policy for the European Union. DG Competition has a dual role in antitrust enforcement: an investigative role and a decision-making role.

DG Competition is also considered to be one of the most sophisticated antitrust enforcers in the world, alongside the US’ Federal Trade Commission and the Antitrust Division of the Department of Justice.[2] Its fines to corporations climbed from €3.4bn between 2000 and 2004, to €9.4bn between 2005 and 2009. Between 2010 and 2012, it totalled €5.4bn.[3]

The DG Competition policy areas include the following:

The DG Competition is led by commissioner Margrethe Vestager, who is currently serving a second five-year term ending in 2024, in addition to the position of executive vice president for digital.[4]

See also

References

  1. ^ [, https://ec.europa.eu/info/sites/default/files/european-commission-hr_key_figures_2021_en.pdf/access-date=December 3, 2021 "European Commission 2021, HR Key Figures"]. ((cite web)): Check |url= value (help)
  2. ^ Smyth, Patrick. "Background: What is the EC's Competition Directorate?". Irish Times. Retrieved 11 January 2018.
  3. ^ The fight against the cartels: The Brussels informers (1/2), Les Echos, 9 July 2013.
  4. ^ 3, 2021 "Margrethe Vestager's vast new powers'". ((cite web)): Check |url= value (help)