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Free Guide: competition law essay help
In the United Kingdom, competition law is a body of law that promotes competition by regulating anti-competitive conduct by companies. The main benefits of competition law are that it protects consumers from being exploited by businesses, encourages businesses to be more innovative and efficient, and promotes economic growth.
Competition law in the UK is enforced by the Competition and Markets Authority (CMA), which is responsible for investigating and taking action against businesses that engage in anti-competitive practices. The CMA can impose fines on businesses found to be in breach of competition law, and can also order businesses to change their behavior.
Competition law provides a level playing field for businesses, and helps to ensure that markets work efficiently. It is an important tool for protecting consumer rights, and helps to promote economic growth.
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