What is the primary purpose of competition policy in the EU?

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The primary purpose of competition policy in the EU is indeed a set of rules designed to ensure free and fair competition among businesses within the EU. This policy aims to prevent anti-competitive behavior, such as monopolies and cartels, which can harm consumers by leading to higher prices, reduced innovation, and less choice in the market. By establishing a competitive environment, the EU encourages efficiency, fosters innovation, and protects consumer interests, contributing to a stronger and more integrated internal market.

The focus on fairness and competitiveness helps create a level playing field for all businesses, ensuring that no single entity can dominate the market to the detriment of others. This is integral to the EU's broader economic goals and is essential for the functioning of a healthy marketplace where consumers can benefit from a variety of products and services.

While regulating the pricing of goods or monitoring consumer behavior may have their own significance, they are not the main goal of competition policy. Similarly, promoting monopolies contradicts the very essence of what competition policy seeks to achieve, as monopolistic practices undermine competitive markets and can lead to negative outcomes for consumers and the economy overall.

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