The general principles of UK competition policy

• What is Antitrust and cartels in UK and EU Competition policy?

  The elimination of agreements that restrict competition such as price fixing
• What is Market liberalisation in UK and EU competition policy?

  When governments deregulate the market to increase competition
• What is State aid control in UK and EU competition policy?

  Competition policy analyses state aid measures such as airline subsidies to ensure that such measures do not change the level of competition
• What is merger control in the UK and EU competition policy?

  When there is an investigation of mergers and takeovers between firms to ensure there wont be majority market dominance
• The general Principles of UK and EU competition policy:

  • Antitrust and Cartels
  • Market Liberalisation
  • State Aid control
  • Merger Control
• The general principles of UK and EU competition policy:


  • Antitrust and Cartels
  • Market Liberalisation
  • State Aid Control
  • Merger Control
• Benefits of UK and EU competition policy:

  • Increased competition leading to a fall in price
  • Better quality products
  • Dynamic, productive and allocative efficiency
• Benefits of UK and EU competition policy:


  • Increased competition leading to a fall in price
  • Better quality products
  • Dynamic, productive and allocative efficiency
• Costs of UK and EU competition policy:

  • Administrative costs
  • Regulatory Capture
  • Government failure due to creating distortions in the market
• Costs of UK and EU competition policy:


  • Administrative costs
  • Regulatory Capture
  • Government failure due to creating distortions in the market