Fair Trading Act 1973

an Act which consolidated and extended UK competition law by controlling MONOPOLIES, MERGERS AND TAKEOVERS, RESTRICTIVE TRADE AGREEMENTS and RESALE PRICES. The Act established a new regulatory authority the OFFICE OF FAIR TRADING (headed by the Director-General of Fair Trading) with powers to supervise all aspects of COMPETITION POLICY, including the monitoring of changes in market structure, companies' commercial policies, the registration of restrictive trade agreements, and the referral, where appropriate, of cases for investigation and report by the Monopolies and Mergers Commission and Restrictive Practices Court. The Act also gave the OFT specific responsibilities to oversee other matters affecting consumers' interests, including weights and measures, trade descriptions and voluntary codes of good practice. The Act's provisions relating to monopolies, restrictive trade agreements and resale prices have now been superceded by the COMPETITION ACT, 1998. However, the Office of Fair Trading continues to supervise these situations as well as being responsible for the regulation of mergers and takeovers under the 1973 Act and the referral of cases to the COMPETITION COMMISSION for investigation and report. See CONSUMER PROTECTION.

Fair Trading Act 1973

an Act that consolidated and extended UK competition law by controlling MONOPOLIES, MERGERS and TAKEOVERS, RESTRICTIVE TRADE AGREEMENTS and RESALE PRICES. The Act established a new regulatory authority, the OFFICE OF FAIR TRADING (OFT) (headed by the Director-General of Fair Trading) with powers to supervise all aspects of COMPETITION POLICY, including the monitoring of changes in market structure, companies’ commercial policies, the registration of restrictive trade agreements, and the referral, where appropriate, of cases for investigation and report by the Monopolies and Mergers Commission and Restrictive Practices Court. The Act also gave the OFT specific responsibilities to oversee other matters affecting consumers’ interests, including weights and measures, trade descriptions and voluntary codes of good practice.

The Act's provisions relating to monopolies, restrictive trade agreements and resale prices have now been superseded by the COMPETITION ACT 1998. The Office of Fair Trading, however, continues to supervise these situations as well as being responsible for the regulation of mergers and takeovers under the 1973 Act and the referral of cases to the COMPETITION COMMISSION for investigation and report. See CONSUMER PROTECTION.

单词	fair trading act 1973
释义	Fair Trading Act 1973 Fair Trading Act 1973 an Act which consolidated and extended UK competition law by controlling MONOPOLIES, MERGERS AND TAKEOVERS, RESTRICTIVE TRADE AGREEMENTS and RESALE PRICES. The Act established a new regulatory authority the OFFICE OF FAIR TRADING (headed by the Director-General of Fair Trading) with powers to supervise all aspects of COMPETITION POLICY, including the monitoring of changes in market structure, companies' commercial policies, the registration of restrictive trade agreements, and the referral, where appropriate, of cases for investigation and report by the Monopolies and Mergers Commission and Restrictive Practices Court. The Act also gave the OFT specific responsibilities to oversee other matters affecting consumers' interests, including weights and measures, trade descriptions and voluntary codes of good practice. The Act's provisions relating to monopolies, restrictive trade agreements and resale prices have now been superceded by the COMPETITION ACT, 1998. However, the Office of Fair Trading continues to supervise these situations as well as being responsible for the regulation of mergers and takeovers under the 1973 Act and the referral of cases to the COMPETITION COMMISSION for investigation and report. See CONSUMER PROTECTION. Fair Trading Act 1973 an Act that consolidated and extended UK competition law by controlling MONOPOLIES, MERGERS and TAKEOVERS, RESTRICTIVE TRADE AGREEMENTS and RESALE PRICES. The Act established a new regulatory authority, the OFFICE OF FAIR TRADING (OFT) (headed by the Director-General of Fair Trading) with powers to supervise all aspects of COMPETITION POLICY, including the monitoring of changes in market structure, companies’ commercial policies, the registration of restrictive trade agreements, and the referral, where appropriate, of cases for investigation and report by the Monopolies and Mergers Commission and Restrictive Practices Court. The Act also gave the OFT specific responsibilities to oversee other matters affecting consumers’ interests, including weights and measures, trade descriptions and voluntary codes of good practice. The Act's provisions relating to monopolies, restrictive trade agreements and resale prices have now been superseded by the COMPETITION ACT 1998. The Office of Fair Trading, however, continues to supervise these situations as well as being responsible for the regulation of mergers and takeovers under the 1973 Act and the referral of cases to the COMPETITION COMMISSION for investigation and report. See CONSUMER PROTECTION.
随便看	ozbeks ozburn-hessey logistics ozc ozcam ozcf ozd oz (disambiguation) ozeki ozel jandarma komando bolugu ozellestirme idaresi baskanligi ozelot oz-email ozena ozenfant, amédée ozenous ozeretskovskii, nikolai ozeretskovskii, nikolai iakovlevich ozernovskii ozernyi ozernyi, mark ozernyi, mark evstafevich ozero baykal ozerov, iurii ozerov, iurii nikolaevich ozerov, nikolai