Significant Market Power definition

Significant Market Power in relation to a licensee, means that a licensee individually or jointly with others enjoys a position of economic strength which enables it to hinder the maintenance of effective competition on the relevant market by affording the licensee the power to behave to an appreciable extent independently of its competitors and users;

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Significant Market Power means the ability to unilaterally restrict output, raise prices, reduce quality or otherwise act, to a significant extent, independently of competitive market forces;

Significant Market Power means a position of economic strength, acting either individually or jointly with others, permitting a service provider to act to an appreciable extent independently of customers or competitors, or otherwise constituting a position of dominance in one or more identified telecommunications service markets;

Examples of Significant Market Power in a sentence

In ComReg Decision D11/13 of 26 July 2013, ComReg found that 2RN had Significant Market Power in the market for wholesale access to national terrestrial broadcast transmission services (“Market A”) and imposed on 2RN certain obligations including obligations of access, non-discrimination, transparency, cost-orientation and accounting separation.
In ComReg Decision D11/13 of 26 July 2013, ComReg found that RTÉ has Significant Market Power in the market for Wholesale Access to Digital Terrestrial Television Multiplexing Services (“Market B”) and imposed certain obligations on RTÉ including obligations of access, non- discrimination, transparency, cost-orientation and accounting separation.
In ComReg Decision D11/13 of 26 July 2013, ComReg found that RTÉ has Significant Market Power in the market for Wholesale Access to Digital Terrestrial Television Multiplexing Services (“Market B”) and imposed certain obligations on RTÉ including obligations of access, non-discrimination, transparency, cost-orientation and accounting separation.
According to telecommunication rules, an operator whose share of the relevant market exceeds 25% in terms of revenue shall be presumed to have a dominant market position and categorized as Significant Market Power (SMP).
The Significant Market Power test is set out in European case law, the new EU Communications Directives and the Commission’s SMP Guidelines.

More Definitions of Significant Market Power

Significant Market Power means the ability to materially affect the price or supply in the relevant market for Communications Service as a result of either control over essential facilities or use of a Person’s position in the market;

Significant Market Power in relation to a market means that the Communications Provider enjoys a position which amounts to or is equivalent to Dominance of the market;

Significant Market Power means a position of economic strength enjoyed by a licensee which enables it to prevent effective competition being maintained on the relevant market by affording it the power to behave independently of its competitors, customers and consumers;

Significant Market Power means a position of economic strength in the relevant market or markets that affords an undertaking, either individually or jointly with others, the power to behave to an appreciable extent independently of competitors, customers and ultimately consumers, which may provide a basis for the imposition of ex ante remedies;

Significant Market Power or “SMP” means where a Sectoral Provider, either individually or jointly with others, enjoys a position of economic strength affording it the power to behave to an appreciable extent independently of its competitors, customers and ultimately consumers;

Significant Market Power means the ability to materially affect the price supply in the relevant market for telecommunications services as a result of either control over essential facilities; or use of its position in the market.

Significant Market Power means where a network operator