Business Law

Business Law
Task 3

Business Law
Task 3

Cover content
 Introduction
 Monopolies and anti-competitive practice legislation in UK
 Role of competition commission in context of monopolies
and anti-competitive practices
 Dominant position within the EU common market
 Instances of exemptions for anti-competitive practices
under EU laws
 References

Introduction
Business law is a set of various useful laws, acts, norms,
rules and regulations which is applicable on entire
corporate world in order to run an organization in smooth
manner. Apart from this, whole assignment is based on
case study of Ben's in which he is engaged in a buying a
car but encountering few kinds of legal problems. Thus,
in order to assist Ben's various necessary acts are also
framed for resolving situations.

Monopolies and anti-competitive practice
legislation in UK
Legal bodies was enacted number of laws for anti-competition practice
for controlling several problems occurred due to this at societal place.
Some of the major laws are described below:-
Competition act 1998:- Main objective of this act is to control illegal
things which is done by corporate companies to make the market
monopolistic and enjoying there position

Continue...

Role of competition commission in context of
monopolies and anti-competitive practices
Competition commission plays a legitimate body which was designed in
a around 1998 for regulating mergers and monopolistic power at UK
marketplace.

Dominant position within the EU common
market
Dominant positions in EU in article 82 states that any abusive activities
which is accomplished by different organizations of dominant poisonings
in common marketplace shall be prohibited.

Continue...

Instances of exemptions for anti-competitive
practices under EU laws
Competition commission is making some exceptions for certain contract
which is applied on various situations. However, European commission
needs to make exemptions for reducing chances of doubts.

References
Swartz, L.B., Cole, M.T and Shelley, D.J., 2010. Instructor satisfaction
with teaching business law: Online vs. onground. International
Journal of Information and Communication Technology Education
(IJICTE). 6(1), pp.1-16.
Ye, Q and et. al., 2011. The influence of user-generated content on
traveler behavior: An empirical investigation on the effects of e-
word-of-mouth to hotel online bookings. Computers in Human
Behavior. 27(2). pp.634-639.

THANK YOU