Competition law kwm

  • What is the concept of market in competition law?

    The concept of a 'market'
    The market can also be described as the “field of rivalry” between firms, whereby firms compete against each other to supply or acquire products.
    In the application of competition law, the market that is the subject of a competition assessment is often referred to as the “relevant market”..

  • What is the main purpose of the antitrust law?

    These laws promote vigorous competition and protect consumers from anticompetitive mergers and business practices.
    The FTC's Bureau of Competition, working in tandem with the Bureau of Economics, enforces the antitrust laws for the benefit of consumers..

  • Antitrust laws regulate the concentration of economic power to prevent companies from price colluding or creating monopolies.
    Proponents of antitrust laws argue that they keep consumer prices lower and foster innovation through increased competition.
Global competition, trade and regulatory laws are constantly evolving, bringing uncertainty and the need to remain abreast of developments.

What is competition law in Malaysia?

As background, the primary competition legislation in Malaysia, namely the Competition Act 2010 (the “Competition Act”), came into force on 1 January 2012, and applies to any commercial activity that has an effect on competition in any market inside Malaysia.

What is the UK competition law system?

The UK competition law system also includes ,innovative provisions on the criminalisation of cartel activity and the control of oligopolies through a system of market investigation references that may be emulated in other jurisdictions.


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