Legal Lexicon

Wettbewerbspolitik

Economic Policy (EU)

The EU’s economic policy steers growth, stability, and integration. Discover how policy shapes our daily lives and the future of Europe!

Market Economy

A market economy is based on supply and demand. Learn how prices and production are freely managed. Discover the details in the article!

Concentration in the Economy

Concentration in the economy describes the market power of a few large companies. Learn more about the effects and risks in our detailed article!

EC (European Community)

The European Community promoted economic and political integration in Europe. Discover its history and significance in our article!

Stagflation

Stagflation describes an economic crisis characterized by simultaneous inflation and stagnant growth. Learn more about the causes & consequences!

Horizontal

Horizontal describes the horizontal alignment or position. Discover more about the applications and meanings of the term – read the article now!

Market Power, Relative

Relative market power describes the strength of a company in comparison to its competitors. Discover how it influences markets – read more in the article now!