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module menu icon What is competition law?

The EU and UK competition law framework seeks to enable businesses that engage in economic activity (known as undertakings) to compete fairly and equally within the same market.

However, many undertakings feel that competition within their market is distorted and that their competitors may operate with an unfair advantage.

In this article, I will focus on competition law in the context of pharmacy businesses.

The wording of the Treaty on the Functioning of the European Union (TFEU), which sets out the European competition framework, is broadly reflected in the UK’s Competition Act 1998, where two main types of anti-competitive behaviour are prohibited.