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    STUDIA OECONOMICA - Issue no. 2 / 2004  
         
  Article:   EUROPEAN UNION COMPETITION POLICY-A BRIEF OVERVIEW.

Authors:  DANA-LUCIA BIZO. 		 
       
         
  Abstract:  Less than one year before the largest enlargement in the European Union history (that of 1 May 2004), Deloitte & Touche published the results of a survey conducted by Eurochambers (The Association of European Chambers of Commerce) in 10 Central and Eastern European countries about corporate preparedness for EU accession and readiness for a Single Market. Companies from new member states are obliged to accept and implement the Acquis Communautaire, which permits the EU to maintain undisturbed competition on the market. Although 60% of the companies were generally optimistic about their prospects in the Single Market, they were not exploiting the possibilities to obtain information on EU legislation. Of the 3,800 companies surveyed, more than 50% had not yet started to prepare for the EU accession. Only 8% of the surveyed companies felt they were in full compliance with EU requirements, while more than 50% were only partially informed, and 28% were not informed at all about current EU legislation.  
         
     
         
         
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