Competition
Understanding the 1998 Act
Published on 1. September 1999
Book
Paperback/Softback
408 pages
978-1-902558-06-6 (ISBN)
Description
The Competition Act 1998 reforms UK competition law bringing it into line with EC law. It sets up a new regulatory structure and appeals process. Competition authorities will have extensive powers to investigate breaches and search premises. Businesses previously exempt from EC competition rules on price fixing,market sharing or other anti-competitive practices will now be more vulnerable and pro-competitive co-operative arrangements may also be caught. Infringements can lead to fines of up to 10 per cent of UK annual turnover. Compliance, although costly, is essential. This is a clear, practical and authoritative analysis of the Act, including full references to the OFT Guidelines and relevant case law.
The Competition Act 1998 reforms UK competition law bringing it into line with EC law. It sets up a new regulatory structure and appeals process. Competition authorities will have extensive powers to investigate breaches and search premises. Businesses previously exempt from EC competition rules on price fixing,market sharing or other anti-competitive practices will now be more vulnerable and pro-competitive co-operative arrangements may also be caught. Infringements can lead to fines of up to 10 per cent of UK annual turnover. Compliance, although costly, is essential. This is a clear, practical and authoritative analysis of the Act, including full references to the OFT Guidelines and relevant case law.
The Competition Act 1998 reforms UK competition law bringing it into line with EC law. It sets up a new regulatory structure and appeals process. Competition authorities will have extensive powers to investigate breaches and search premises. Businesses previously exempt from EC competition rules on price fixing,market sharing or other anti-competitive practices will now be more vulnerable and pro-competitive co-operative arrangements may also be caught. Infringements can lead to fines of up to 10 per cent of UK annual turnover. Compliance, although costly, is essential. This is a clear, practical and authoritative analysis of the Act, including full references to the OFT Guidelines and relevant case law.
More details
Series
Language
English
Place of publication
Bembridge
United Kingdom
Target group
Professional and scholarly
Dimensions
Height: 234 mm
Width: 156 mm
Thickness: 20 mm
Weight
700 gr
ISBN-13
978-1-902558-06-6 (9781902558066)
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Schweitzer Classification
Persons
James Flynn and Jemima Stratford are both barristers practising from Brick Court Chambers in London. They both have extensive experience of litigating competition law in UK and EC courts and are specialist competition advisers to a wide variety of businesses.
James Flynn and Jemima Stratford are both barristers practising from Brick Court Chambers in London. They both have extensive experience of litigating competition law in UK and EC courts and are specialist competition advisers to a wide variety of businesses.
James Flynn and Jemima Stratford are both barristers practising from Brick Court Chambers in London. They both have extensive experience of litigating competition law in UK and EC courts and are specialist competition advisers to a wide variety of businesses.
Content
Introduction; The European Dimension; Prohibition; Notification; Investigation and Enforcement; Appeals; Transitional Provisions; The Regulators.