Business Law: Monopolies and Anti-competitive Practices

BUSINESS LAW
TASK 3

Covered content
 Introduction
 Monopolies and Anti -competitive practice legislation
 Role of competition commission
 Dominant position with EU Common market
 Instance of EU exemptions to anti competitive practices
 References

INTRODUCTION
The project assignment is all about explaining Business law. It is
also known as commercial law which is body of law are applied to
abstraction, rights and the code of conduct of person other
operations engaged in commerce ,trade and sales. It mostly consider
to be the branch of civil that deals with private and public affairs.

Monopolies and Anti -competitive practice
legislation
Competition law : It is a kind of law that helps to promotes or seeks to
balance the market competition by using the anti competitive issues by
the companies. These are mostly implement through public and private
social control. In the UK, it is known as anti trust law. Modern
competition law has made the country level to promote and maintain fair
and balance competition in market.