In the next phase of your induction you are working in the department responsible for monopolies, mergers and acquisitions. Your manager asks you to prepare written document explaining the legal rules relating to monopolies, mergers and anti-competitive practices, which will form the basis of a booklet for distribution to clients. Your document should:

a)Outline monopolies and anti-competitive practice legislation in the UK

b)Explain the role of the Competition Commission within the context of monopolies and anti-competitive practices and the UK office of fair trading

c)Define dominant positions within the EU common market

d)Consider the application of EU exemptions to potentially anti-competitive practices

You should use real examples to illustrate your answer.