1. Competition

According to our competition and consumer law assignment help experts, competition laws refer to a set of laws that seek to maintain market competition by regulating anti-competitive conduct by business houses. They are also known as anti-competition and anti-trust laws in some countries like USA. While competition within countries is covered by national competition laws, international trade and commerce are usually dealt by international trade agreements. Till 1994, the General Agreement on Tariffs and Trade (GATT) dealt with international trade. It was enacted to promote international competition by reducing tariffs and other trade barriers. In 1994, it was replaced by World Trade Organization (WTO). In practice, competition laws deal with three areas which are also discussed in our competition and consumer law assignments:

• Dominance and monopoly: Competition laws prevent large firms from holding large market shares in order to protect the consumers from paying higher prices and getting inferior quality products. For more information refer to our competition and consumer law assignment service by competition experts.
• Mergers and acquisitions: Merger and acquisitions lead to the concentration of power in the hands of a couple of big firms. Competition laws seek to avoid them. You can receive expert guidance through our competition and consumer law assignment.
• Intellectual property and innovation: Protecting intellectual property rights promotes healthy competition and leads to product innovation. Refer to our competition and consumer law assignment help to understand it further.

2. Anti-trust

Anti-trust is closely related to competition. Anti-trust laws refer to a collection of laws which promote fair competition among businesses and curtail corporate malpractices. According to our competition and consumer law assignment help experts, in various countries they are also known as competition laws. In countries like USA, they are specifically known as Anti-trust legislations. In US, they are covered by federal and state governmental laws are Sherman Act of 1980, Clayton Act 1914 and the Federal Trade Commission Act of 1914. Our competition and consumer law assignment covers the following areas:

• Cartels and Collusions: According to our competition and consumer law assignment help writers, one of the most essential areas of Anti-trust laws is cartels and collusions. In economics, cartels and collusions refer to those agreements which are usually reached between competing firms of a particular industry in order to control market prices and prevent the entry of new competitors. Anti-trust laws, for example, those in the US, especially seek to prevent such cartels. You can find more about it in our competition and consumer law assignments.
• Restrictive practices relating to prices: Some restrictive practices relating to prices are illegal and are therefore covered by anti-trust laws as well. With reference to our competition and consumer law assignment help material, some of these practices are:

3. Fair trade

According to our competition and consumer law assignment help writers, fair trade refers to a special type of social movement initiated by developing countries in order to give the producers of commodities in those countries fair price. The movement aims at sustainable development and hopes to align global trade practices with environmental standards and all round social development. Fair trade prices are especially followed in commodities like handicrafts, coffee, chocolate, gold, bananas, cotton, wine etc. Most of these raw materials are produced by some of the poorest countries and are exported to the rich countries of Europe and America. Our competition and consumer law assignments writers discuss this elaborately.

4. Extended warranty

According to our competition and consumer law assignment help experts, an extended warranty is a warranty which is extended beyond the normal period of warranty for the benefit of the consumers. The warranty has to be provided by the warranty administrator, the manufacturer and the retailer. Most common examples of such warranties are to be found in automobiles and electronics which are mentioned in our competition and consumer law assignments.

5. Product recall

An extremely controversial area of consumer protection laws, it refers to the recall of a particular product after some safety issues or product defects have been found. According to our competition and consumer law assignment help writers, a country’s consumer protection cell deals with such issues. Product recalls are quite common in FMCG industry. In August 2006, Dell, Apple, Toshiba, Lenovo recalled their computers from the market after it was complained that the Sony batteries inside the computers got overheated and caught fire. For more, refer to our competition and consumer law assignment help by competition experts and consumer experts.

6. Transparency

It refers to the general principle that informs most of the laws of consumer protection. Transparency can relate to the product sold, the price structure followed and the selection of the markets where the product is sold. Our competition and consumer law assignment help includes elucidated explanations.

1. The field is vast and

2. It involves a number of interlocking issues which need careful assessment especially in competition and consumer law assignments.