000			01519cam a2200229 4500
001			ABS65333
008			020422n2002 000 0 eng u
035			_a(Sirsi) u117605
100			_aSproul, G
245		4	_aThe Competition Act part two: the opportunities
260			_c2002
490			_aPFI Intelligence Bulletin _v7(2) April 2002, 22(1)
520			_aThe second of a two-part feature which assesses the advantages of the Competition Act 1998. Advises that the Act can be used to provide opportunities for firms looking to gain access to markets or to increase their market presence. Provides a practical example of how the Act would apply to a producer of widgets who is faced with a UK supplier with a dominant market position who refuses to supply a vital raw material. In such circumstances, the producer will be able to cite breach of the Act's prohibition on abuse of market dominance. Another example in which breach of the Act will lead to interim and final orders to terminate the infringement and damages is 'hard-core' cartels. Those suspecting a cartel will be able to complain to the Office of Fair Trading (OFT) and sue members of the cartel to recover overpayments. Concludes that such advantages of the Act balance potential risks for business, directors and senior executives.
590			_aABS
650			_aCOMPETITION ACT 1998
650			_aOFT
650			_aCARTELS
650			_aPRODUCERS
650			_aMARKET
690			_aMANAGEMENT-BUSINESS MANAGEMENT
942			_n0
999			_c70030 _d70030