The Designation of the Competition and Markets Authority as a National Competition Authority Regulations 2014 No. 537

Designation as a national competition authority

2.—(1) The Competition and Markets Authority is designated as a national competition authority pursuant to Article 35 of the EC Competition Regulation for the purposes of exercising all of the powers and functions of a competition authority of a Member State under Chapters I, II, IV, V, VIII and IX of the EC Competition Regulation.

(2) In this regulation, “EC Competition Regulation” means Council Regulation (EC) No 1/2003 of 16tth December 2002 on the implementation of the rules on competition laid down in Articles 81 and 82 of the Treaty(1).

(1)

OJ No. L1, 4.1.2003, p. 1; to which there are amendments not relevant to these Regulations; Articles 81 and 82 of the Treaty establishing the European Community are now Articles 101 and 102 of the Treaty on the Functioning of the European Union.