p. 502. Overview of EU and UK competition law
- Richard WhishRichard WhishEmeritus Professor of Law at King’s College London
- and David BaileyDavid BaileyVisiting Professor of Law at King’s College London
This chapter provides a brief overview of EU and UK competition law and the institutions involved in formulating, interpreting and applying competition law. It also explains the relationship between EU competition law and the domestic competition laws of the Member States, in particular in the light of Article 3 of Regulation 1/2003. The rules of the European Economic Area are briefly referred to, and the trend on the part of Member States to adopt domestic competition rules modelled on those in the EU is also noted. Three diagrams at the end of the chapter explain the institutional structure of EU and UK competition law.