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Home > QFINANCE Dictionary > Definition of Competition Commission

Definition of

Competition Commission

Regulation & Compliance

UK regulator of competition in the United Kingdom, an independent public body with the role of ensuring healthy competition between companies. It conducts in-depth inquiries into mergers, markets, and the regulation of the major regulated industries. It replaced the Monopolies and Mergers Commission in April 1999.

Recommended Further Reading (Term count)
  • Auditing in Volatile Markets
    by James Roberts
    There is no doubt that everything is much more fraught when markets are crashing. These circumstances make management’s life much more difficult. In a very uncertain environment, when all the figures, the key numbers for a company, are in play, it becomes particularly challenging for both management and auditors. For a start, very volatile markets create in turn a great deal of volatility in corporate balance sheets, and users of accounts do not...

Definitions of ’Competition Commission’ and meaning of ’Competition Commission’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’Competition Commission’ and other financial terms with our online QFINANCE Financial Dictionary.

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