In the public interest : competition policy and the Monopolies and Mergers Commission
"Competition policy embraces control of monopolies, mergers, cartels and regulated utilities and is a major tool by which government regulates companies. This book analyses British policy from its creation in 1948 to its radical reform in the Competition Act 1998. It is a study built on a comprehensive history which stresses the administration of policy and the politics behind its development. It is the first book-length study of modern British competition policy and provides an insight into both the British model of policy and the distinctive features of British capitalism."
Print Book, English, ©1999
Manchester University Press, Manchester, ©1999
xv, 382 pages ; 24 cm
9780719055744, 0719055741
42290726
Introduction - an institutional approach to competition policy; the postwar development of competition policy; the monopolies and mergers commission - structure and powers; the members of the MMC; procedures and the culture of the commission; the Fair Trading Act and the British model competition policy; the control of mergers; regulation of the privatised industries - a new role for the MMC; the tripartite system, the European challenge and the new competition commission; conclusions - organizational survival and a new settlement. Appendix: the public interest test.
Written at the Commission's invitation to coincide with its fiftieth anniversary