UK competition regulation

Published by a LexisNexis Competition expert
Practice notes

UK competition regulation

Published by a LexisNexis Competition expert

Practice notes
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UK Competition law regulates anti-competitive conduct, Merger control and ensures markets are competitive.

The Competition and Markets Authority (CMA) is the principal UK competition Authority. The CMA was formed following the merger of the OFT and the Competition Commission. It assumed responsibility for enforcing competition law in the UK on 1 April 2014.

UK competition law

The competition law powers of the CMA and other concurrent competition authorities are:

  1. to enforce the prohibition on anti-competitive agreements and the prohibition on abusing a dominant position (see further, Chapter I prohibition and Chapter II prohibition)

  2. to bring criminal prosecutions against individuals responsible for implementing hardcore cartels (see further, The UK criminal cartel offence)

  3. to seek director disqualification orders against any directors involved in competition law breaches (see further, Director disqualification)

  4. to investigate mergers in the UK and block or seek remedies for those that result in a substantial lessening of competition (see further, UK merger control—overview), and

  5. launch investigations into any industries to ensure markets are competitive and seek remedies for those where there is an adverse effect

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Jurisdiction(s):
United Kingdom
Key definition:
Competition law definition
What does Competition law mean?

means the national and directly effective supra-national legislation of any jurisdiction which governs the conduct of companies or individuals in relation to restrictive or other anti-competitive agreements or practices and the control of acquisitions and mergers (including, but not limited to, the Chapter I and Chapter II prohibitions under the Competition Act 1998, the prohibitions in Article 101 and Article 102 TFEU and the cartel offence in Part 6 of the Enterprise Act 2002, as amended) and includes reference to antitrust law as appropriate

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