What UK Competition Act 1998 - Chapter 1 Anticompetitive Agreements, Chapter 2 Abuse of Dominance, and CMA Enforcement requires
UK Competition Act 1998 prohibits agreements that prevent, restrict, or distort competition (Chapter 1) and abuse of dominant position in UK markets (Chapter 2), enforced by the CMA with financial penalties up to 10% of global turnover, criminal cartel offence prosecuted by the CMA, and private damages actions in the Competition Appeal Tribunal.
Pillar: Competition & Antitrust · Authority: UK Competition and Markets Authority · Version: 1.0.0 · Last updated:
Primary source: https://www.legislation.gov.uk/ukpga/1998/41/contents
SHA-256 integrity: 34dee1031ca4f4d2b06a11ada7b52b363caabcf2f8ae60d396225f508cfdf03f
Primary Citations — 5 traced to source
- {"title":"Competition Act 1998","url":"https://www.legislation.gov.uk/ukpga/1998/41/contents","section":"Chapter 1 anticompetitive agreements; Chapter 2 abuse of dominant position"}
- {"title":"Enterprise Act 2002 - merger control and criminal cartel offence","url":"https://www.legislation.gov.uk/ukpga/2002/40/contents","section":"Part 3 mergers; Section 188 criminal cartel offence"}
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