A Guide to United Kingdom and European Union Competition Policy

"This book deals with competition policy from the standpoint of a business executive. It can be used for rapid reference, or to get a thorough grounding in the rationale and operation of competition policy. It enables a busy reader to go straight to the business practice with which he is concerned, and from there to a concise summary of the authorities' treatment of that practice - with pointers to relevant cases. At the same time, it provides the reader who wishes to add an appreciation of antitrust compliance to his professional portfolio with a comprehensive overview of the subject, together with a guide to useful sources of further information. No prior knowledge of law or economics is required: there are simple explanations of all of the underlying concepts, and simple definitions of all the technical terms in use. It meets the essential needs of every company compliance programme."--Jacket Contents......Page 8 Preface......Page 11 Part I. The Framework of Competition Policy......Page 14 1. Ideas and Their Implementation......Page 16 2. The Legislative Framework......Page 33 3. Regulatory Institutions and Procedures......Page 48 Part II. The Regulation of Business Practices......Page 72 4. The Assessment of Market Power......Page 74 5. The Control of Mergers and Joint Ventures......Page 88 6. Pricing Policies......Page 105 7. Distribution, Licensing and Access......Page 122 Part III. The Impact of Competition Policy......Page 144 8. Trends: the Past and the Present......Page 146 9. The Future......Page 170 Appendix 1 Terminology......Page 175 Appendix 2 Legislation, Guides and Other Official Publications......Page 180 List of Cases......Page 183 References......Page 189 Index......Page 191 Dealing with competition policy from the standpoint of a business executive, this work summarizes the authorities' treatment of various practices, as well as an overview of anti-trust compliance, and a guide to useful sources of further information