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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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PULC

Punjab University Law College

Academic & Science » Colleges

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PULC

Punjab University Law College

Governmental » Law & Legal

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PULC

Punjab University Law College

Academic & Science » Universities

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BLSA

Black Law Students Association

Academic & Science » Students

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TKLP

Tokunbo Kayode Law Practice

Miscellaneous » Unclassified

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EDAL

European Database of Asylum Law

Regional » European

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EDAL

European Database of Asylum Law

Computing » Databases

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POLICE

Please Obey Law Is Common Everywhere

Miscellaneous » Funnies

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EDAL

European Database of Asylum Law

Governmental » Law & Legal

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PILA

Public Interest Law Association

Community » Associations

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PILA

Public Interest Law Association

Governmental » Law & Legal

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USIMC

United States International Music Competition

Community » Music

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USIMC

United States International Music Competition

Regional » States

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LPLS

Latino Pre Law Society

Governmental » Law & Legal

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LPLS

Latino Pre Law Society

Academic & Science » Societies

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CLLA

Commercial Law League of America

Governmental » Law & Legal

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CLEAT

Combined Law Enforcement Associations of Texas

Governmental » Law & Legal

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CRLJ

Civil Rights Law Journal

Miscellaneous » Journals

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CRLJ

Civil Rights Law Journal

Governmental » Law & Legal

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BILL

Business Information, Law, and Life

Governmental » Law & Legal

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LFSH

Law Firm of Salah Al Hejailan

Miscellaneous » Unclassified

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AGVC

Autonomous Ground Vehicle Competition

Governmental » Transportation

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AIIL

African Institute of International Law

Regional » African

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AIIL

African Institute of International Law

International

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AIIL

African Institute of International Law

Governmental » Institutes

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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. 20 Sep. 2017. <http://www.abbreviations.com/competition%20law>.