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The first statute of modern times in Britaindealing with competition policy was passed 50years ago. Since then the policy has beenextended and changed in a number of ways butusually in a piecemeal fashion. The 50thanniversary coincides with probably the greatestchange in U.K. policy, embodied in the 1998Competition Act. The paper reviews the changingscope of the policy, its effects and weaknesses.It also considers the likely future impact ofthe new Act.
Review of Industrial Organization – Springer Journals
Published: Oct 16, 2004
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