Competition Law

Competition Law

1. Revision, Reform and Change

   • Competition Act 1998
   • Enterprise Act 2002
   • Consumer Rights Act 2015

2. Monopoly/Cartels/Mergers

3. Role of Economics

   • Pure Competition Objective

4. Role of Politics

   • EU Law decision making by the Commission
   • Fair Trading Act 1973

5. US Antitrust Law

   • The Sherman Act 1890
     • Harvard: Wary of Concentrated Markets
       • Chicago: Focus on efficiency
   • Regulate 'trusts' or cartels which collectively owned major US infrastructure

6. EU Competition Law Rules

   • Article 1-3 TEU
     • Article 101: Anti-competitive agreements
       • Article 102: Abuse of dominant possition
   • Regulation 139/2004: Merger Control

7. CAT

   • Hear Appeals, damages actions and judicial review