The Member States 25 March 1957, Consolidated version of the Treaty on the Functioning of the European Union - PART THREE: UNION POLICIES AND INTERNAL ACTIONS - TITLE VII: COMMON RULES ON COMPETITION, TAXATION AND APPROXIMATION OF LAWS - Chapter 1: Rules on competition - Section 1: Rules applying to undertakings - Article 101 (ex Article 81 TEC)

Also known as

Article 101 of the Treaty on the Functioning of the European Union prohibits all agreements between undertakings, decisions by associations of undertakings, and concerted practices that affect trade between Member States and have as their object or effect the prevention, restriction, or distortion of competition within the internal market. Any agreements or decisions prohibited under this article are automatically void. The prohibition may be declared inapplicable to agreements, decisions, or concerted practices that contribute to improving production or distribution or promoting technical or economic progress, allow consumers a fair share of the resulting benefit, and do not impose indispensable restrictions or afford the possibility of eliminating substantial competition.AI