(the) Competition Commission
- (the) Competition Commission
-
an independent organization set up by the British government in 1999 to replace the Monopolies and Mergers Commission. Its job is to prevent unfair trading when single companies have so great a share of the supply of particular goods or services in Britain that there is little or no competition. The Commission investigates cases in which one company takes over another or when two companies join together, when asked to do so by another organization, usually the Office of Fair Trading. It then takes any action it considers necessary.
Useful english dictionary.
2012.
Look at other dictionaries:
Competition Commission of India — is a body of the Government of India responsible for enforcing The Competition Act, 2002 throughout India and to prevent activities that have an adverse effect on competition in India. It was established on 14 October, 2003. Contents 1 The… … Wikipedia
Competition Commission — The Competition Commission is an independent body responsible for investigating mergers, market shares and conditions and the regulation of firms under United Kingdom competition law. It is a non departmental public body (NDPB) under the… … Wikipedia
The Competition Act, 2002 — An Act to provide, keeping in view of the economic development of the country, for the establishment of a Commission to prevent practices having adverse effect on competition, to promote and sustain competition in markets, to protect the… … Wikipedia
Competition Commission (United Kingdom) — This article is about a competition regulator in the United Kingdom. For other similar organizations called Competition Commission, see Competition regulator. The Competition Commission is a non departmental public body responsible for… … Wikipedia
Competition Commission — a body charged with controlling cartels, monopolies and mergers and hearing appeals against the Director General of Fair Trading in such matters. Its decisions may be challenged in the High Court or the Court of Session in Scotland. It is… … Law dictionary
Competition Commission — The UK regulator of monopolies, mergers and anti competitive activities. ■ www.competition commission.org.uk ■ * * * Competition Commission UK US noun COMMERCE, GOVERNMENT, LAW ► in the UK, an organization that makes sure that there is fair … Financial and business terms
Competition Commission — A commission established in 1948 as the Monopolies and Restrictive Practices Commission, renamed the Monopolies and Mergers Commission in 1973, and given its present title in 1999 under the Competition Act (1998). It investigates questions… … Accounting dictionary
Competition Commission — A commission established in 1948 as the Monopolies and Restrictive Practices Commission, renamed the Monopolies and Mergers Commission in 1973, and given its present name in 1999 under the Competition Act (1998). It investigates questions… … Big dictionary of business and management
Competition Commission — an independent organization set up by the British government to replace the Monopolies and Mergers Commission in 1999. Its job is to prevent unfair trading when single companies have so great a share of the supply of particular goods or services… … Universalium
President of the European Commission — Commission emblem (EU flag) … Wikipedia