Europe is increasingly becoming an everyday reality for many companies, not only for large corporations but small and medium-sized enterprises as well. European Competition offers students an introduction to the field of competition, cooperation and competition policy in the EU. To increase students' understanding of the workings of the Internal Market, most chapters start with case-studies. The book focuses on the subject areas economics and law and is written from both a business and a social/legal perspective. The book consists of the following topics: Competition and Competition Policy (including regulations and distortion of competition) Micro economic theory like prisoner's dilemma Market Dominance and Competition Policy Cooperation; Cartels & Strategic Alliances Legal Aspects of Cooperation Mergers & Acquisitions European Competition Law in an International Perspective EU competition & State Aid European Competition is an essential introductory textbook for students at both undergraduate and graduate levels in a wide range of degree and professional programmes. Including Economics, MBA and Law. It is of particular relevance to students interested in the European context of these disciplines and can be used as a core textbook for courses in European Integration or Business and International Environment in Europe and other parts of the world. This text is complementary to the book European Business Environment.