DocumentCode
1261393
Title
Cartels-riches and rewards
Author
Singleton, Susan
Volume
12
Issue
1
fYear
2002
Firstpage
43
Lastpage
48
Abstract
The EU and UK Competition Rules prohibit restrictive agreements such as cartels and resale price maintenance and abuses of market power. The EU rules are set out in Articles 81 and 82 of the Treaty of Rome. In addition, those operating in the UK are also subject to UK competition law, which is very similar to the EU rules, and is contained in the Competition Act 1998. Examples are given describing cartels in several industries and the punishments imposed upon the companies involved.
Keywords
commerce; economics; legislation; Competition Act 1998; EU Competition Rules; Treaty of Rome Article 81; Treaty of Rome Article 82; UK Competition Rules; UK competition law; cartels; market power abuse; resale price maintenance; restrictive agreements;
fLanguage
English
Journal_Title
Engineering Management Journal
Publisher
iet
ISSN
0960-7919
Type
jour
DOI
10.1049/em:20020106
Filename
990237
Link To Document