Competition Commission

The body that decides whether a monopoly or potential monopoly is in the public interest.

OFT may refer the acquisition to the Competition Commission, which may rule against the proposed transaction on the grounds that it could adversely affect competition in the UK.

Commission inquiries often take up to six months, and this delay can be enough to discourage a bidder.

Literal Meanings of Competition Commission

Commission:

Meanings of Commission:
  1. Mission or mission (to do or achieve something).

  2. A formal mandate or authority to do something, often used for officers.

  3. Just like someone else's agent.

  4. An organization or group of people officially authorized to perform certain functions.

  5. Commission charged by an agent or broker for a transaction.

  6. An act of committing (for example, a ).

  7. To formally appoint or order someone or a group to do something.

  8. Place an order for (often a work of art).

  9. He entered active service.

Sentences of Commission
  1. David received his commission after graduating from West Point.

  2. I have three orders in town.

  3. The company's Anti- Harassment Commission ensured that all employees took the online course.

  4. The broker charged a four percent commission for his knowledge of commercial real estate sales, his intellectual demeanor in formulating a formal offer and his strategy of working with the seller to reach a mutually acceptable agreement in favor of the buyer. to come buyer.

  5. Committing, preparing or inciting an act of terrorism.

  6. James Bond took it upon himself to find classified documents.

  7. He ordered a copy of the Mona Lisa for his living room, but the artist gave up after six months.

  8. The aircraft carrier entered service in 1944 during the Great Patriotic War.

Synonyms of Commission

government body, committee

Competition Commission