Competition Commission

From Wikipedia, the free encyclopedia

(Redirected from Monopolies Commission)
Jump to: navigation, search

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 Department of Trade and Industry.

The Commission replaced the Monopolies and Mergers Commission on April 1 1999. It was created by the Competition Act of 1998. This Act created a competition law structure similar to that detailed in the European Treaty. Such as Chapter 1 which prohibited anti-competitive agreements within a market, for example cartels. And in Chapter 2, the prohibition of abuse of a dominant position within a market.

The Commission has no authority to commence investigations on its own, an inquiry commences following the referral of a particular case to the Commission, most often by the Office of Fair Trading (OFT). Inquries may also result from referrals from the Secretary of State for Trade and Industry (e.g. Morrison bid for Safeway supermarkets) or independent regulators. For mergers the Commission will be asked to investigate if the takeover target has a turnover above a certain threshold or if the resulting company would have 25% or more of a market, i.e. a monopoly position.

Details of the reports by the Commission are available on its website.

These people Chair the inquiries of the Commission & have authority over the Commission Members and Inquiry Staff:

Chairman: Peter Freeman
Deputy Chairperson: Diana Guy, Christopher Clarke and Peter Davis.

And the Council of the Commission with the Chief Executive, Martin Stanley, reporting to it, has control over the Inquiry staff and Support Functions and administration of the Commission.

Details of the reports by the Commission are available on its website.

Advanced Search
Included Web Search Engines


Safe Search

close

Top Matching Results

Occasionally Search.com will highlight specialized results that are based on the context of your query. Examples of specialized results include specific links to news, images, or video.

Top Matching Results may highlight information from other Search.com pages, content from the CNET Network of sites, or third party content. The listings are based purely on relevance. Search.com does not receive payment for listings in this section but our partners that provide this data may get paid for listing these products.

Sponsored Links

This section contains paid listings which have been purchased by companies that want to have their sites appear for specific search terms and related content. These listings are administered, sorted and maintained by a third party and are not endorsed by Search.com.

Search Results

Search.com sends your search query to several search engines at one time and integrates the results into one list which has been sorted by relevance using Search.com's proprietary algorithm. You can customize the list of search engines included in your metasearch from the preferences.

The search engines that are used in your metasearch may allow companies to pay to have their Web sites included within the results. To view the Paid Inclusion policy for a specific search engine, please visit their Web site. Search.com does not accept payment or share revenue with any search engine partner for listings in this section.