§ Lord Lester of Herne Hill asked Her Majesty's GovernmentWhether they will consider that communications via the electronic and print media constitute a market for the purpose of the application of European Union and United Kingdom competition rules. [HL2650]
§ The Parliamentary Under-Secretary of State, Department of Trade and Industry (Lord Sainsbury of Turville)The definition of "markets" for the purpose26WA of applying competition law is a matter for the relevant competition authorities to determine on a case-by-case basis when considering whether a competition problem may exist. Markets are defined on the basis of economic evidence available at a given point in time.