Wettbewerbsmöglichkeiten

Wettbewerbsmöglichkeiten, often abbreviated as WM, refers to a set of legal provisions in Germany that allow businesses to engage in competitive practices to maintain or increase their market share. These provisions are designed to prevent anti-competitive behavior and ensure fair competition within the market.

The key aspects of wettbewerbsmöglichkeiten include:

1. **Price Competition**: Businesses are allowed to compete on the basis of price, provided that the prices are not excessively low and do not result in the destruction of the market.

2. **Product Differentiation**: Competitors can differentiate their products through features, quality, or branding, which can lead to increased consumer choice and better market outcomes.

3. **Market Entry**: New businesses are permitted to enter the market, provided they do not harm existing competitors through unfair practices.

4. **Market Exit**: Established businesses can exit the market without facing legal repercussions, as long as they do not engage in anti-competitive practices during their exit.

5. **Merger Control**: The government monitors mergers and acquisitions to ensure they do not lead to the creation of monopolies or the restriction of competition.

The legal framework for wettbewerbsmöglichkeiten is primarily governed by the German Federal Cartel Act (Bundeskartellgesetz) and the German Federal Competition Act (Bundeskonkurrenzgesetz). These laws aim to strike a balance between encouraging competition and preventing anti-competitive behavior that could harm consumers and the overall market.

The concept of wettbewerbsmöglichkeiten is crucial for understanding the dynamics of competition in the German market and the regulatory measures in place to maintain a healthy and competitive business environment.