Law

Relevant Market

Relevant Market

In competition law, a relevant market is a market when a particular product or service comes. It is the intersection of a relevant product market as well as a relevant geographic market. The notion associated with relevant market is used so that can identify the solutions and undertakings which are directly competing inside a business. Therefore, the relevant market could be the market where your competition takes place. The enforcement of the provisions of competition law will be not possible without mentioning the market where competition develops.