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History of competition law information


The history of competition law refers to attempts by governments to regulate competitive markets for goods and services, leading up to the modern competition or antitrust laws around the world today. The earliest records traces back to the efforts of Roman legislators to control price fluctuations and unfair trade practices. Throughout the Middle Ages in Europe, kings and queens repeatedly cracked down on monopolies, including those created through state legislation. The English common law doctrine of restraint of trade became the precursor to modern competition law. This grew out of the codifications of United States antitrust statutes, which in turn had considerable influence on the development of European Community competition laws after the Second World War. Increasingly, the focus has moved to international competition enforcement in a globalised economy.

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History of competition law

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The history of competition law refers to attempts by governments to regulate competitive markets for goods and services, leading up to the modern competition...

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Competition law

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Competition law is the field of law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies. Competition...

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European Union competition law

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In the European Union, competition law promotes the maintenance of competition within the European Single Market by regulating anti-competitive conduct...

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Corporation

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Competition on Corporate Law Kyd, S, A Treatise on the Law of Corporations (1793–1794) Mahoney, PG, "Contract or Concession? An Essay on the History of...

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Competition

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study the effects of competition on society as a whole. Additionally, anthropologists study the history and prehistory of competition in various cultures...

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Practice of law

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In its most general sense, the practice of law involves giving legal advice to clients, drafting legal documents for clients, and representing clients...

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Competition law theory

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Competition law theory covers the strands of thought relating to competition law or antitrust policy. The classical perspective on competition was that...

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Competition Commission

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enquiries related to regulated industries under competition law in the United Kingdom. It was a competition regulator under the Department for Business,...

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Competition regulator

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(humanities) "Competition Law Basics" (PDF). Competition Commission of India. p. 6. Federal Trade Commission (July 24, 2013). "Competition & Consumer Protection...

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Monopsony

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The Economics of Imperfect Competition, published in 1933. Robinson credited classics scholar Bertrand Hallward at the University of Cambridge with coining...

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California Unfair Competition Law

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In addition to federal laws, each state has its own unfair competition law to prohibit false and misleading advertising. In California, one such statute...

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United States antitrust law

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antitrust law is a collection of mostly federal laws that regulate the conduct and organization of businesses in order to promote competition and prevent...

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United Kingdom competition law

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United Kingdom competition law is affected by both British and European elements. The Competition Act 1998 and the Enterprise Act 2002 are the most important...

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Law

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of laws themselves may be influenced by a constitution, written or tacit, and the rights encoded therein. The law shapes politics, economics, history...

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History of patent law

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history of patents and patent law is generally considered to have started with the Venetian Statute of 1474. There is some evidence that some form of...

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Monopoly

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market with the "absence of competition", creating a situation where a specific person or enterprise is the only supplier of a particular thing. This...

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Darcy v Allein

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United Kingdom competition law Competition law Restraint of trade Sir Edward Coke, The Selected Writings and Speeches of Sir Edward Coke, ed. Steve Sheppard...

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Price fixing

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Act in history. In Canada, it is an indictable criminal offence under Section 45 of the Competition Act. Bid rigging is considered a form of price fixing...

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Artificial scarcity

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causes are monopoly pricing structures, such as those enabled by laws that restrict competition or by high fixed costs in a particular marketplace. The inefficiency...

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Clayton Antitrust Act of 1914

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The Clayton Antitrust Act of 1914 (Pub. L.Tooltip Public Law (United States) 63–212, 38 Stat. 730, enacted October 15, 1914, codified at 15 U.S.C. §§ 12–27...

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History of United States antitrust law

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although some form of policy to regulate competition in the market economy has existed throughout the common law's history. Although "trust" had a technical...

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Competition and Consumer Act 2010

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(TPA). The Act is the legislative vehicle for competition law in Australia, and seeks to promote competition, fair trading as well as providing protection...

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Resale price maintenance

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OFT's successor, the Competition and Markets Authority (CMA), closed its investigation into suspected breaches of competition law in the hotel online booking...

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Market power

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within competition law can be used to determine whether or not a firm has unfairly manipulated the market in their favour, or to the detriment of entrants...

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New Brandeis movement

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that United States antitrust law return to a broader concern with private power and its negative effects on market competition, income inequality, consumer...

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Cartel

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on market positions, they are subjected to competition law, which is executed by governmental competition regulators. Very similar regulations apply to...

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Oligopoly

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collusion to be illegal as it violates competition laws and is regarded as anti-competition behaviour. The EU competition law in Europe prohibits anti-competitive...

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