The new edition of this leading work builds upon the success of the first edition by adding new chapters on modernization, cartels, state aids, and motor vehicle distribution agreements, as well as expanding the analysis of mergers. The existing strengths are also reinforced, and the book will be fully up to date with all of the key substantive, procedural and interpretative changes introduced up to autumn 2006, as well as the latest case law. The author team is entirely drawn from current or former members of the EC Commission's Directorate General for Competition, some of whom are now partners in law firms or senior officials in National Competition Authorities, ensuring a uniquely in-depth working knowledge of the legislative regime and its application in practice.