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Practice Exam
Competition Law
About Competition Law
By policing businesses' anti-competitive behavior, the branch of law known as "competition law" tries to maintain or foster market competition. The enforcement of competition legislation takes place on both public and private levels. In the US, the term "antitrust law" refers to competition law.
Why is Competition Law important?
Increased product quality, greater alternatives, affordable costs, and innovation are some of the key advantages of competition policies. By, for instance, prohibiting firms from engaging in anti-competitive agreements or barring businesses with a strong position in a market from abusing their market power, these laws forbid businesses from engaging in activity that may impair competition and distort the competitive process.
Who should take the Competition Law Exam?
- Companies/Organizations
- Lawyers
- Law Faculty Students
Competition Law Certification Course Outline
- Price fixing, bid rigging, and market division/customer allocation
- Antitrust risks with trade associations and professional groups
- Wage fixing
- Supply chain relationships
- Monopolies and mergers
- Fines and penalties
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