interactive
Competition Law: Global Edition
Thomson Reuters
Updated Nov 25, 2024
What you'll learn
- Describe the need for competition laws
- List the two broad categories of prohibited agreements and acts
- Define restraint of trade
- Outline the parameters which must stay out of any agreement
- Define price fixing and bid rigging
- Outline types of market allocation
- Outline the benefits and concerns of trade associations
- Outline the benefits and concerns of vertical agreements
- List a few examples of vertical agreements
- Define market dominance
- Outline the indicators of market dominance
- Outline practices which are classified as abuse of dominance
- List some sales tactics which are classified as anticompetitive
- Describe the enforcement of competition laws
- Outline the proper methods of internal and external communications. Explain the importance of competition laws
- Describe the practices competition laws prohibit
- List the powers of the relevant competition authorities
- Explain the severe penalties associated with competition law violations
- Describe your competition law responsibilities
Course Description
This Competition Law course covers the fundamental principles of competition law (or antitrust or monopoly law, as it is sometimes called), which aims to prevent predatory business practices by promoting fair competition and economic efficiency. The course also highlights 'red flags' — situations that present a risk of violations and legal liability, enforcement, and civil and criminal penalties associated with violations of competition law.
