This book is a practical guide to the competition regimes in the United Kingdom and the European Union, and provides a short introduction to United States anti-trust law. It focuses on the issues that are most relevant to many of the international law firms practising in London, major commercial law firms and the in-house legal departments of large corporations. The book covers the competition law prohibitions on anti-competitive agreements and the abuse of a dominant position, including enforcement action such as dawn raids and competition litigation. It also covers the rules relating to merger control in the European Union and in the United Kingdom. The subject has gained prominence in recent years given the significant penalties on firms and individuals breaching competition law, and the rise in the number of jurisdictions that have adopted competition law regimes. As a result, competition law has crept up the compliance agenda on the boards of major corporations. Competition litigation has also increased due to factors such as financing by private litigation funders.
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