Competition Law : Full Lecture Course Materials examines the legal rules and principles designed to promote fair competition in markets across national borders. The course explores how competition laws prevent anti-competitive conduct , regulate market power, and protect consumers and economic efficiency in both domestic and international markets. Emphasis is placed on comparative analysis, international cooperation , and enforcement challenges in a globalised economy. Outline Module 1: Introduction to Competition Law 1.1 Definition of Competition Law Competition law, also known as antitrust law , is the body of law that regulates business conduct to promote fair competition in the marketplace. It seeks to prevent practices that restrict competition, abuse market power, or distort market outcomes to the detriment of consumers and the economy. 1.2 Objectives of Competition Law The primary objectives of competition law include the protection of consumer welfare, promotion of econ...
Objectives By the end of this lecture, students should be able to: Consolidate key principles of global competition law Synthesize major legal concepts across all course modules Understand how competition law principles are applied through case law Compare international and local approaches to enforcement Prepare effectively for examinations and practical assessments 1. Overview of Global Competition Law 1.1 Purpose of Competition Law Competition law exists to promote fair competition, prevent market distortions, and protect consumers from anti-competitive conduct such as cartels , monopolies , and abusive practices. 1.2 Core Objectives Promotion of consumer welfare Protection of economic efficiency Prevention of market power abuse Encouragement of innovation and market entry 1.3 Global Dimension With increasing globalisation , competition law now operates beyond national borders, requiring cooperation between states and regulatory authorities. 2. Revision of Key Subst...