anti-competitive

Businesses Empowered to Challenge Anti-competitive Practices

Small-business owners are set to find it easier to challenge anti-competitive behaviour and claim compensation, under new proposals unveiled by the Government. By enabling small firms to contest anti-competitive behaviour — such as price fixing or abuse of a dominant market position by a big operator — the Government said that it hoped the changes would encourage business growth and promote fairness. Key proposals included allowing the granting of further powers to the Competition Appeal Tribunal so that small businesses can make challenges faster and cheaper, as well as allowing more kinds of competition cases to be heard. The Government also wants to introduce a new opt-out collective actions regime, which would allow consumers and businesses to club together and bring a case... »