Auction Services Case Study: Breaching Competition Law in the UK
VerifiedAdded on 2024/06/04
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Case Study
AI Summary
This case study analyzes the anti-competitive practices employed by Auction Services, specifically focusing on their online bidding services in the UK market. The Competitive and Market Authority (CMA) launched an investigation into ATG Media, the largest provider of online bidding platforms, for potentially breaching competition law and discouraging competition. The CMA identified practices that restricted customer choice and secured commitments from ATG to cease these activities. The case references the Prohibition of Competition Act 1988 and the Treaty on the Functioning of the European Union, leading to the CMA accepting commitments from the parties involved and terminating the investigation. The analysis draws upon sources related to competition law and international trade regulation to provide context and understanding of the legal framework.
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