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Title: Application of Competition Law in the United Kingdom and Europe

Essay Details

Subject: Music and Movies
Author: Marcia W
Date: December 23, 2013
Level: University
Grade: A
Length: 8 / 2298
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

The governmental Office of Trade Trading (OFT) states: Open and vigorous competition is good for consumers because it results in lower prices, new products of a better quality and more choice. It is also good for fair-dealing businesses, which flourish when markets are competitive. Competition laws endeavour to control the supply and the domination of a market...

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The EC Treaty has also been termed the Treaty of Rome, and it has been additionally supplied by the Treaty of Amsterdam. As the Office of Fair Trading (OFT) and European Parliament consistently refer to it as the EC Treaty, this text shall do so also. Articles 81 ? 89 EC Treaty encompass all 27 EU member states and are designed to ensure free-trade and maximise flow of goods...

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