Which of the following best describes the goal of EU Competition Law?

The goal of EU Competition Law is primarily focused on preventing anti-competitive practices and protecting societal interests. This framework aims to ensure fair competition in the internal market of the European Union, which helps maintain an environment where businesses can compete on equal terms. By preventing monopolistic behavior, price-fixing, and other forms of anti-competitive conduct, EU Competition Law fosters innovation, promotes consumer welfare, and contributes to economic efficiency.

In this context, the law seeks to safeguard not only the interests of consumers by ensuring they benefit from competitive prices and choices but also to protect smaller enterprises from unfair practices by larger market players. This foundational aspect of competition law highlights its broader societal role in maintaining a level playing field and supporting the overall functioning of the economy, which aligns with the principles of the EU’s internal market.