Legal Environment (AQA A-Level Business): Flashcards
📚Flashcards
Practise the cards
10 cards from this deck
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Practise the cards
10 cards from this deck
European Single Market
European Single Market
Unified trading area with minimal restrictions across EU
EU customs union
EU customs union
Same customs duties apply to all goods entering EU
Dominant position market share threshold
Dominant position market share threshold
At least 50%
CMA meaning and role
CMA meaning and role
Competition & Markets Authority - enforces competition laws
Price fixing
Price fixing
Conspiring with competitors to fix prices above certain level
Predatory pricing
Predatory pricing
Selling goods at a loss to force competitors out of market
WEEE Directive purpose
WEEE Directive purpose
Increase recycling of waste electrical & electronic equipment
Landfill Tax year introduced and aim
Landfill Tax year introduced and aim
1996 - reduce waste dumped into landfill sites
Trade Descriptions Act 1968
Trade Descriptions Act 1968
Prevents misleading consumers with false product descriptions
Data Protection Act 1998
Data Protection Act 1998
Prevents misuse of customer data by businesses