Competition law is a law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies.[1][2] Competition law is implemented through public and private enforcement.[3]
Competition law is known as antitrust law in the United States and European Union,[4] and as anti-monopoly law in China [1] and Russia. In previous years it has been known as trade practices law in the United Kingdom and Australia.
Anti-competitive practices are business, government or religious practices that prevent or reduce competition in a market (see restraint of trade).
Specifically, from the top of my head:
Exclusive dealing, where a retailer or wholesaler is obliged by contract to only purchase from the contracted supplier.
Refusal to deal, e.g., two companies agree not to use a certain vendor
Tying, where products that aren't naturally related must be purchased together.
Digital rights management which prevents owners from selling used media, as would normally be allowed by the first sale doctrine.
Competition law is a law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies.[1][2] Competition law is implemented through public and private enforcement.[3]
Competition law is known as antitrust law in the United States and European Union,[4] and as anti-monopoly law in China [1] and Russia. In previous years it has been known as trade practices law in the United Kingdom and Australia.
Anti-competitive practices are business, government or religious practices that prevent or reduce competition in a market (see restraint of trade).
Specifically, from the top of my head:
Exclusive dealing, where a retailer or wholesaler is obliged by contract to only purchase from the contracted supplier.
Refusal to deal, e.g., two companies agree not to use a certain vendor
Tying, where products that aren't naturally related must be purchased together.
Digital rights management which prevents owners from selling used media, as would normally be allowed by the first sale doctrine.