We've got 705 shorthands for competition law »
Acronyms that contain the term competition law
Page #16What does competition law mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: competition law.
Possible matching categories:
Term | Definition | Rating |
---|---|---|
PACA | Procuring Authority Competition Advocate | |
RACA | Requiring Authority Competition Advocate | |
PPC | Precision Pistol Competition | |
IARC | International Aerial Robotics Competition | |
CIAP | Competition In Arms Program | |
JMAC | Joint Military Athletic Competition | |
ACAG | Army Competition Advocate General | |
COTM | Competition of the Month | |
WPC | World Piano Competition | |
EMC | Epic Music Competition | |
IBTC | International Blues Talent Competition | |
TIPC | Taiwan International Piano Competition | |
ICCA | International Competition of Collegiate Accapella | |
MIMC | Montreal International Musical Competition | |
YMC | Young Musicians Competition | |
IBBC | International Big Band Competition | |
SIMC | Sendai International Music Competition | |
USIMC | United States International Music Competition | |
BIMCC | Banaue International Music Composition Competition | |
ICMC | Inter College Music Competition | |
NCBC | National Campus Band Competition | |
NIMC | National Indian Music Competition | |
WIMC | Whitgift International Music Competition | |
ISCC | International Stereo Club Competition | |
IJAC | International Jazz Arranging Competition |
What does competition law mean?
- Competition law
- Competition law is the field of law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies. Competition law is implemented through public and private enforcement. It is also known as antitrust law (or just antitrust), anti-monopoly law, and trade practices law. 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 national level to promote and maintain fair 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 (GATT) 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 (WTO) 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, 2024. Web. 24 Sep. 2024. <https://www.abbreviations.com/competition%20law>.
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