Competition (or anti-trust) law aims to ensure that markets function well for consumers by preserving or encouraging the competitive dynamic of markets. Firms that collaborate to distort competition can be severely penalised, for example when they coordinate terms rather than compete independently for customers. Where market power becomes concentrated into the hands of one or few firms, competition law can intervene to promote competitive outcomes, for example to prevent dominant firms from inducing customers not to deal with smaller rivals. Competition law has gained prominence in recent years given the significant penalties on firms and individuals breaching competition law and the rise in the number of jurisdictions that have adopted competition law regimes. As a result, competition law has crept up the compliance agenda of major corporations that wish to avoid exposure to significant penalties, including on board directors and managers. This book is a practical guide to the competition regimes in the United Kingdom and the European Union, and provides a short introduction to United States anti-trust law. It focuses on the issues that are most relevant to many of the international law firms practising in London, major commercial law firms and the in-house legal departments of large corporations. The book covers the competition law prohibitions on anti-competitive agreements and the abuse of a dominant position, including enforcement action such as dawn raids and competition litigation. It also covers the rules relating to merger control in the European Union and in the United Kingdom.
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Beatrice Roxburgh joined the University of Law in 2018, after a career practising competition law in London s square mile at two of the City s pre-eminent competition law firms and in-house at BT Group plc. During that time she has advised major corporates, governments and public bodies on all aspects of European and UK competition law (including its application to international mergers and joint ventures). Beatrice was also a case officer at the UK s competition law authority, where she oversaw dawn raids and investigations as a competition law enforcer. At BT she led cases and investigations before the competition authorities and courts, including the European Commission, the Competition and Markets Authority, Ofcom, the Competition Appeals Tribunal and the Court of Appeal. She also advised senior executives on competition law compliance. At the University of Law, Beatrice leads the Competition Law and Practice course.
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