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Competition Law
In the United Kingdom two separate sets of competition (Anti Trust) rules apply – national and European Community although the national rules mirror those of the European Community and indeed have to be construed in accordance with European Law.
Introduction
The two competition laws which have the most direct effect on franchising are:-
a) the Competition Act 1998, and
b) Article 81 of the EC Treaty
The Competition Act 1998 (the Act) came into force on 1 March 2000. Until that time, pre-existing UK legislation (primarily the Restrictive Trade Practices Act) remained in force, but in modified form.
More Information
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- What are the relative tax advantages of a representative office, a branch and a subsidiary?
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- Competition Law
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