Monopolies and Anti-Competitive Practice Legislation in the UK

BUSINESS
DECISION
MAKING

Introduction
• This section begins with identifying the legal rules of monopoly. Apart
from this anti competitive practice legislation is discussed in detail. role of
competition commission within the context of monopolies and anti-
competitive practices is discussed in detail in the relevant section of PPT.

Content page
• Outline and explain the monopolies and anti-competitive practice legislation
in the UK- Slide 4.
• Explain the role of competition commission within the context of monopolies
and anti-competitive practices-Slide 6.
• Define dominant positions within the EU common market giving examples of
such businesses- Slide 8.
• Consider instances when under EU law, exemptions will be made to
potentially anti- competitive practices-Slide 10.

Outline and explain the monopolies and anti-competitive practice
legislation in the UK
• As we know that competition is very important for any firms to sustain in the market.
But apart from competition monopolies are the serious threat to the UK market. A
company enjoys its monopoly position when he acquires the 25% share in the market.
Mainly after merger, the position becomes stronger. In UK the main legislation
regulating the competitive laws are the Competition Act 1998 and Enterprise Act
2002. In the competition Act, is basically deals with the provisions of the anti-
competitive practices. Anti-competitive practices are those which aims at reducing the
competition in the market. This can include Dumping, Exclusive dealing, price fixing,
limiting the price etc. In the enterprise act 2002. Apart from this, the office of fair
trading comes under the Enterprise act 2002.