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 referred to it on monopolies and mergers and its Appeals Tribunal hears appeals against decisions by the Office of Fair Trading and utility regulators relating to anticompetitive trade practices.

Accounting dictionary. 2014.

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  • 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 — noun An independent body set up to inquire into monopolies and unfair business practices • • • Main Entry: ↑compete …   Useful english dictionary

  • 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

  • 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 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

  • 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 (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

  • (the) Competition Commission — 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… …   Useful english dictionary

  • competition reference period — United Kingdom A phrase used in the Takeover Code to describe the period from the announcement of a referral of a takeover offer to the Competition Commission or of the initiation of proceedings by the European Commission under Article 6(1)(c) of …   Law dictionary

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