Financial Services and Markets Act 2000 Explanatory Notes

Section 164: The Competition Act 1998

310.This section makes clear that neither the prohibition in Chapter I (of agreements preventing, restricting or distorting competition within the United Kingdom) nor the prohibition in Chapter II (of abuse of a dominant position in a market which may effect trade in the United Kingdom) of the Competition Act 1998 apply to any action taken by a person in order to comply with the Authority’s regulating provisions or practices.

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