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Acronyms that contain the term competition law

What does competition law mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: competition law.

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LETR

Law Enforcement Torch Run

Governmental » Law & Legal

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BILIA

Bangladesh Institute of Law and International Affairs

Regional

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EBEC

European BEST Engineering Competition

Academic & Science » Universities

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HCL

Hydro Carbon Law

Miscellaneous » Unclassified

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RITC

Rotman International Trading Competition

Miscellaneous » Unclassified

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MLF

MSc in Law and Finance

Miscellaneous » Unclassified

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SLIP

Security Law Integrity Punishment

Governmental » Law & Legal

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UPL

Unauhorized Practice of Law

Miscellaneous » Unclassified

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PCLS

Property Claim Law Specialist

Miscellaneous » Unclassified

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DALE

Drug Abuse Law Enforcement

Governmental » Law & Legal

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ATL

Above the Law

Miscellaneous » Unclassified

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RCOA

Retail Competition and Open Access

Miscellaneous » Unclassified

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CLETS

California Law Enforcement Telecommunication System

Computing » Telecom

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TLIB

Tax Law Improvement Bill

Regional » Australian

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NELR

North East Law Review

Miscellaneous » Unclassified

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TLPC

Technology Law Policy Clinic

Computing » Technology

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CLEG

Centre for law ethics and globalisation

Miscellaneous » Unclassified

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LLB

Legum Baccalaureus (Bachelor of Law)

Governmental » Law & Legal

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LCDO

Law Career Development Office

Business » Career

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IPLS

Intellectual Property Law Society

Governmental » Law & Legal

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ELFA

European Law Faculties Association

Regional » European

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CH

competition hot

Miscellaneous » Unclassified

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HRLU

Human Resources Law Update

Miscellaneous » Unclassified

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PLOD

Power Law Out Degree

Miscellaneous » Unclassified

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ACWL

Advisory Centre on WTO Law

Business » Advisory

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What does competition law mean?

Competition law
Competition law, known in the United States as antitrust law, is law that promotes or maintains market competition by regulating anti-competitive conduct by companies. The history of competition law reaches back to the Roman Empire. The business practices of market traders, guilds and governments have always been subject to scrutiny, and sometimes severe sanctions. Since the 20th century, competition law has become global. The two largest and most influential systems of competition regulation are United States antitrust law and European Union competition law. National and regional competition authorities across the world have formed international support and enforcement networks. Modern competition law has historically evolved on a country level to promote and maintain competition in markets principally within the territorial boundaries of nation-states. National competition law usually does not cover activity beyond territorial borders unless it has significant effects at nation-state level. Countries may allow for extraterritorial jurisdiction in competition cases based on so-called effects doctrine. The protection of international competition is governed by international competition agreements. In 1945, during the negotiations preceding the adoption of the General Agreement on Tariffs and Trade in 1947, limited international competition obligations were proposed within the Charter for an International Trade Organisation. These obligations were not included in GATT, but in 1994, with the conclusion of the Uruguay Round of GATT Multilateral Negotiations, the World Trade Organization was created. The Agreement Establishing the WTO included a range of limited provisions on various cross-border competition issues on a sector specific basis.

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"competition law." Abbreviations.com. STANDS4 LLC, 2017. Web. 23 Oct. 2017. <http://www.abbreviations.com/competition%20law>.

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