This is about the Competition Act 1998 .
It has several very good parts to it - no cartels , no agreements to not compete in regions etc- which are excellent.
Unfortunately there are a few bits that aren't *quite* so nifty.
It is against the law now, for instance, that different prices can be offered for the same product. This means that it is against the law for price haggling , in say a car boot sale---- and the seller could be fined up to 10% of his turnover !
Or a company negotiating rents on a building , now cannot negotiate !
The above may or may not be true - its certainly down in black and white, but I have complained to the OFT about this one as it affects me .
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