Competition Commission


Also found in: Dictionary, Financial, Acronyms, Wikipedia.

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 maybe challenged in the High Court or the Court of Session in Scotland. It is modelled partly on the Commission of the European Union's function in competition matters (see COMPETITION POLICY).
References in periodicals archive ?
Competition commission should exist globally and it is a very important factor in the development of any country but speed and the regulatory burden in developing markets can be a stifler of broadened capital.
10667) was signed into law in July 2015 while the Philippine Competition Commission was established in 2016.
The statement said under section 11 of the Competition Act, 2010, the undertakings intending to acquire the shares or assets of another undertaking, or two or more undertakings intending to merge and meet the pre-merger notification thresholds stipulated in the merger regulations, have to apply for clearance from the Competition Commission of Pakistan.
A Google spokesperson said, " we are extending full co- operation to the Competition Commission of India in investigation.
If a merger is agreed by the two companies then the tie-up could be the first large deal to be investigated by Britain's Competition & Markets Authority, which will be replacing the Office of Fair Trading and the Competition Commission in April 2014.
But the Competition Commission found the current ownership structure could limit Aer Lingus' ability to manage its Heathrow slots.
The Competition Commission has not taken issue with news announced this week of a shake-up of Smooth operations in London, the West Midlands and Manchester.
The CAT does not itself make decisions on mergers, but reviews the legality of decisions made by the OFT and Competition Commission in applying the mergers provisions of the Enterprise Act 2002 (the Enterprise Act).
The UK's Competition Commission said in provisional findings that Ryanair's 29.
The report by the UK's Competition Commission on the audit market was as eagerly expected as the second coming - at any rate by the stakeholders in the reform of the European audit market.
4bn in the UK - to the Competition Commission after discovering at-fault drivers had little control over the way in which repairs are carried out and replacement vehicles provided to not-at-fault drivers.
However, the Office of Fair Trading (OFT) has claimed that the merger will reduce competition at a national level and in nine local areas, and has referred the deal to the Competition Commission for further consideration.