LAW327   Competition Law   (20 credits)

Description

Businesses selling goods and services often face competition from other sellers of similar products. The effect of this competition will normally be to keep prices down and to enhance choice for customers. Competition law is concerned with protecting and encouraging competition in markets, and seeks to control agreements which restrict competition, the ability of powerful businesses to restrict competition by unilateral conduct, the particular issues raised by concentrated markets and the reduction of competition by mergers and similar transactions. This module looks briefly at the underlying economics and then at EC and UK competition law, at both substantive issues and enforcement. The module has a practical orientation. Previous experience of economics is not required.

Reading List