UK Enterprise Act 2002

The UK Enterprise Act 2002 is a law that promotes competition and consumer protection in the marketplace. It allows regulatory bodies, like the Competition and Markets Authority, to investigate and challenge mergers that could harm competition. The Act also empowers consumers by providing clearer rights, enabling them to seek remedies for unfair business practices. Additionally, it introduces provisions for business recovery, making it easier for companies to restructure when facing financial difficulties. Overall, the Act aims to create a fairer, more competitive economy that benefits both consumers and businesses.