| 释义 |
anticompetitive practice
An unfair practice by a business that is in breach of either the Chapter I prohibition of the UK Competition Act 1998 or (in the EU) Article 101 of the Treaty on the Functioning of the European Union (formerly Treaty of Rome). Examples of such practices include refusing to supply goods, operating discriminatory terms, and forcing purchasers to buy goods or services they do not want (tying clauses). Anticompetitive practices may be investigated by the Competition and Markets Authority under the Competition Act 1998. Such practices, when amounting to abuse of a dominant position, can lead to fines of 10% of the business’s annual turnover under UK and EU competition law. |