Subjects:

Competition Law

Contents:

Preliminary - introduction and glossary, competition law in the UK, reviews of policy, parliamentary debates, quick access to the Act

agreements and other transactions - outline of the Act's provisions, nature of the prohibition, exemption and exclusions (general), prohibition and exemption in particular cases

monopoly and abuse of dominance - outline of the Act's provisions, the definition of dominance, the meaning of abuse

procedure and enforcement - non-contentious procedure - obtaining an exemption, enforcement by institutions, enforcement by parties or third parties

relationship with EC law - major differences in approach, interpretation and enforcement, harmonisation and conflict between the legal systems, operation of co-operation notices.

Provides guidance on how the Act's reforms will affect existing commercial agreements, how transitional arrangements will work and how regulatory authorities are likely to interpret the new legislation. The text also explains the Act's relationship with EC law.