Restrictive Practices Court
Encyclopedia
The Restrictive Practices Court is a senior court of record
in the United Kingdom
. It was created in 1956 to foster competition
through enforcement of the Restrictive Trade Practices Act 1956. Though the Court was overhauled in 1976, by the end of the century, the legislation was perceived as increasingly out of line with Articles 81 and 82 of the Treaty of Rome
. Though, as of July 2008, the Court continues to exist, it has largely been replaced by a new judicial regime under the Competition Act 1998
and Enterprise Act 2002
and will be disestablished in due course.
Court of record
In common law jurisdictions, a court of record is a judicial tribunal having attributes and exercising functions independently of the person of the magistrate designated generally to hold it, and proceeding according to the course of common law, its acts and proceedings being enrolled for a...
in the United Kingdom
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
. It was created in 1956 to foster competition
Competition (economics)
Competition in economics is a term that encompasses the notion of individuals and firms striving for a greater share of a market to sell or buy goods and services...
through enforcement of the Restrictive Trade Practices Act 1956. Though the Court was overhauled in 1976, by the end of the century, the legislation was perceived as increasingly out of line with Articles 81 and 82 of the Treaty of Rome
Treaty of Rome
The Treaty of Rome, officially the Treaty establishing the European Economic Community, was an international agreement that led to the founding of the European Economic Community on 1 January 1958. It was signed on 25 March 1957 by Belgium, France, Italy, Luxembourg, the Netherlands and West Germany...
. Though, as of July 2008, the Court continues to exist, it has largely been replaced by a new judicial regime under the Competition Act 1998
Competition Act 1998
The Competition Act 1998 is the current major source of competition policy in the UK along with Enterprise Act 2002. The act provides an updated framework for identifying and dealing with restrictive business practices and abuse of a dominant market position....
and Enterprise Act 2002
Enterprise Act 2002
The Enterprise Act 2002 is an Act of the Parliament of the United Kingdom which made major changes to UK competition law with respect to mergers and also changed the law governing insolvency bankruptcy.-Structure:*Part 1 The Office of Fair Trading...
and will be disestablished in due course.