A guide to United Kingdom and European Union competition policy. 3rd edition

Book abstract:

With the passing of the Competition Act 1998, compliance with competition law has ceased to be a matter for specialists. Every major company is expected to train and inform all those empolyees whose activities may be touched by competition law. Smaller companies that may be damaged by the anticompetitive behaviour of their larger rivals will also wish their senior executives to be made aware of the remedies that are available.

This book is intended as a practical guide to the decisions of the regulatory authorities. It is intended for business executives and is concerned with legal procedures and economic theories only to the extent that they affect the treatment of specific business practices. Its purpose is to provide the reader with a comprehensive and rapidly accessible guide to the business conduct which the authorities consider acceptable. It takes particular categories of commercial practice in turn, and examines their treatment under the law - the reverse of the direction adopted by legal texts. No previous knowledge of law or economics is required: introductory summaries provide all the background information and every technical term is explained. The coverage of business conduct is comprehensive, in that every regulated business practice is included. It is not intended, however, to be exhaustive and where further relevant information is available, a reference or footnote indicates where it is to be found. The volume includes guided access to over 300 cases.

Altogether, this is a very useful resource which should meet the needs of every company compliance programme.

Nick Gardner, since his retirement for the British Government Economic Service, has worked as a consultant to the Monopolies and Mergers Commission.