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Competition Policy

Competition Policy. UK Competition Policy. post war Targets of Policy. Evaluation of Policy. investigative powers USA. COMPETITION ACT 1998. Prohibits: i) ii) New framework enforced & applied by OFT. COMPETITION ACT 1998.

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Competition Policy

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  1. Competition Policy

  2. UK Competition Policy • post war • Targets of Policy

  3. Evaluation of Policy • investigative powers • USA

  4. COMPETITION ACT 1998 • Prohibits: i) ii) • New framework enforced & applied by OFT

  5. COMPETITION ACT 1998 • Appeals against OFT decisions heard by Competition Commission which replaces MMC

  6. Enterprise Act 2002 • OFT became legal entity • Secretary of State withdrawing

  7. Competition Appeals Tribunal

  8. Effect on Behaviour • Increases cost of engaging in anti-competitive behaviour

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