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potential competitor

as defined in Commission Regulation (EU) No 1218/2010 of 14 December 2010 on the application…, Article 1(1), point (n) (Definitions)

an undertaking that, in the absence of the specialisation agreement, would, on realistic grounds and not just as a mere theoretical possibility, in case of a small but permanent increase in relative prices be likely to undertake, within not more than 3 years, the necessary additional investments or other necessary switching costs to enter the relevant market

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