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History Of Competition Law
The history of competition law refers to attempts by governments to regulate competitive markets for goods and services, leading up to the modern competition or antitrust laws around the world today. The earliest records traces back to the efforts of Roman legislators to control price fluctuations and unfair trade practices. Throughout the Middle Ages in Europe, kings and queens repeatedly cracked down on monopolies, including those created through state legislation. The English common law doctrine of restraint of trade became the precursor to modern competition law. This grew out of the codifications of United States antitrust statutes, which in turn had considerable influence on the development of European Community competition laws after the Second World War. Increasingly, the focus has moved to international competition enforcement in a globalised economy. Early history Laws governing competition law are found in over two millennia of history. Roman Emperors and Mediaeval mon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Competition Law
Competition law is the field of law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies. Competition law is implemented through public and private enforcement. It is also known as antitrust law (or just antitrust), anti-monopoly law, and trade practices law. The history of competition law reaches back to the Roman Empire. The business practices of market traders, guilds and governments have always been subject to scrutiny, and sometimes severe sanctions. Since the 20th century, competition law has become global. The two largest and most influential systems of competition regulation are United States antitrust law and European Union competition law. National and regional competition authorities across the world have formed international support and enforcement networks. Modern competition law has historically evolved on a national level to promote and maintain fair competition in markets principally within the territorial boun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lex Mercatoria
''Lex mercatoria'' (from the Latin for "merchant law"), often referred to as "the Law Merchant" in English, is the body of commercial law used by merchants throughout Europe during the medieval period. It evolved similar to English common law as a system of custom and best practice, which was enforced through a system of merchant courts along the main trade routes. It developed into an integrated body of law that was voluntarily produced, adjudicated and enforced on a voluntary basis, alleviating the friction stemming from the diverse backgrounds and local traditions of the participants. Due to the international background local state law was not always applicable and the merchant law provided a leveled framework to conduct transactions reducing the preliminary of a trusted second party. It emphasized contractual freedom and inalienability of property, while shunning legal technicalities and deciding cases ''ex aequo et bono''. With ''lex mercatoria'' professional merchants revita ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
King Edward III
Edward III (13 November 1312 – 21 June 1377), also known as Edward of Windsor before his accession, was King of England and Lord of Ireland from January 1327 until his death in 1377. He is noted for his military success and for restoring royal authority after the disastrous and unorthodox reign of his father, Edward II. EdwardIII transformed the Kingdom of England into one of the most formidable military powers in Europe. His fifty-year reign was List of monarchs in Britain by length of reign#Ten longest-reigning British monarchs, one of the longest in English history, and saw vital developments in legislation and government, in particular the evolution of the English Parliament, as well as the ravages of the Black Death. He outlived his eldest son, Edward the Black Prince, and the throne passed to his grandson, Richard II. Edward was crowned at age fourteen after his father was deposed by his mother, Isabella of France, and her lover Roger Mortimer, 1st Earl of March, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tumbrel
A tumbrel (alternatively tumbril) is a two-wheeled cart or wagon typically designed to be hauled by a single horse or ox. Their original use was for agricultural work; in particular they were associated with carrying manure. Their most infamous use was taking prisoners to the guillotine during the French Revolution. They were also used by the military for hauling supplies. In this use the carts were sometimes covered. The two wheels allowed the cart to be tilted to discharge its load more easily. The word is also used as a name for the cucking stool Cucking stools or ducking stools were chairs formerly used for punishment of disorderly women, Common scold, scolds, and dishonest tradesmen in England, Scotland, and elsewhere. The cucking-stool was a form of or "women's punishment," as refe ... and for a type of balancing scale used in medieval times to check the weight of coins. References Carts Animal-powered vehicles {{vehicle-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pillory
The pillory is a device made of a wooden or metal framework erected on a post, with holes for securing the head and hands, formerly used for punishment by public humiliation and often further physical abuse. The pillory is related to the stocks. Etymology The word is documented in English since 1274 (attested in Anglo-Latin from ), and stems from Old French (1168; modern French , see below), itself from medieval Latin , of uncertain origin, perhaps a diminutive of Latin 'pillar, stone barrier'. Description Rather like the lesser punishment called the stocks, the pillory consisted of hinged wooden boards forming holes through which the head and/or various limbs were inserted; then the boards were locked together to secure the captive. Pillories were set up to hold people in marketplaces, crossroads, and other public places. They were often placed on platforms to increase public visibility of the person. Often a placard detailing the crime was placed nearby; these punishment ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Amercement
An amercement is a financial penalty in English law, common during the Middle Ages, imposed either by the court or by peers. The noun "amercement" lately derives from the verb to amerce, thus: the king amerces his subject, who offended some law. The term is of Anglo-Norman origin (Law French, from French, from Latin), and literally means "being at the mercy of": ''a-merce-ment'' (English ''mercy'' is cognate). While it is often synonymous with a fine, it differs in that a fine is a fixed sum prescribed by statute and was often voluntary, while an amercement is arbitrary. Amercements were commonly used as a punishment for minor offences (such as trespassing in the king's forest), as an alternative to imprisonment. History Early Norman rule This system of amercements is found in working order as early as the Norman Conquest of 1066, but was still regarded as an innovation at the accession in 1100 of Henry I. As the number of entities having legal jurisdiction over a given location ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Assize
The courts of assize, or assizes (), were periodic courts held around England and Wales until 1972, when together with the quarter sessions they were abolished by the Courts Act 1971 and replaced by a single permanent Crown Court. The assizes exercised both civil and criminal jurisdiction, though most of their work was on the criminal side. The assizes heard the most serious cases, which were committed to it by the quarter sessions (local county courts held four times per year), while the more minor offences were dealt with summarily by justices of the peace in petty sessions (also known as magistrates' courts). The word ''assize'' refers to the sittings or sessions (Old French ''assises'') of the judges, known as "justices of assize", who were judges who travelled across the seven circuits of England and Wales on commissions of "oyer and terminer", setting up court and summoning juries at the various assize towns. Etymology Middle English < |
Frederic William Maitland
Frederic William Maitland (28 May 1850 – ) was an English historian and lawyer who is regarded as the modern father of English legal history. Early life and education, 1850–72 Frederic William Maitland was born at 53 Guilford Street, London, in 1850, the only son and second of three children of John Gorham Maitland and of Emma, daughter of John Frederic Daniell. His grandfather was Samuel Roffey Maitland. Maitland's father was a barrister but, having little practice, became a civil servant, serving as secretary to the Civil Service Commission. Maitland was educated at a preparatory school in Brighton before entering Eton College in 1863, where Edward Daniel Stone was his private tutor. At Eton, Maitland was not prominent either academically or athletically, although a close school friend thought he would become "a kind of philosophic Charles Lamb". He then matriculated at Trinity College, Cambridge, in 1869 as a commoner. A dislike of classics acquired at Eton initially ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sir Frederick Pollock, 3rd Baronet
Sir Frederick Pollock, 3rd Baronet PC, FBA (10 December 1845 – 18 January 1937) was an English jurist best known for his ''History of English Law before the Time of Edward I'', written with F.W. Maitland, and his lifelong correspondence with US Supreme Court Justice Oliver Wendell Holmes. He was a Cambridge Apostle. Life Pollock was the eldest son of William Frederick Pollock, Master of the Court of Exchequer, and Juliet Creed, daughter of the Rev, Harry Creed. He was the grandson of Sir Frederick Pollock, 1st Baronet, Lord Chief Baron of the Exchequer, the great-nephew of Field Marshal Sir George Pollock, 1st Baronet, and the first cousin of Ernest Pollock, 1st Viscount Hanworth, Master of the Rolls. He was educated at Eton College, where he was a King's Scholar, and Trinity College, Cambridge, where he was elected Fellow in 1868 (later Honorable Fellow in 1920).''For My Grandson'' (1933) John Murray, Note B: ''Personal Dates'' In 1871 he was admitted to the Bar. He ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
King Edward The Confessor
Edward the Confessor ; la, Eduardus Confessor , ; ( 1003 – 5 January 1066) was one of the last Anglo-Saxon English kings. Usually considered the last king of the House of Wessex, he ruled from 1042 to 1066. Edward was the son of Æthelred the Unready and Emma of Normandy. He succeeded Cnut the Great's son – and his own half-brother – Harthacnut. He restored the rule of the House of Wessex after the period of Danish rule since Cnut conquered England in 1016. When Edward died in 1066, he was succeeded by his wife's brother Harold Godwinson, who was defeated and killed in the same year by the Normans under William the Conqueror at the Battle of Hastings. Edward's young great-nephew Edgar the Ætheling of the House of Wessex was proclaimed king after the Battle of Hastings in 1066 but was never crowned and was peacefully deposed after about eight weeks. Historians disagree about Edward's fairly long 24-year reign. His nickname reflects the traditional image o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forfeiture (law)
In modern U.S. usage, forfeiture is deprivation or destruction of a right in consequence of the non-performance of some obligation or condition. It can be accidental, and therefore is distinguished from waiver; ''see waiver and forfeiture.'' Overview Historically, forfeiture of a convict's land and other assets followed on from conviction for certain serious offences (and thus resulted from criminal activity rather than from a failure to act). A striking illustration of the practical effects of this rule is Giles Corey’s refusal to plead, in the Salem Witch Trials, instead dying under ''peine forte et dure''. By refusing to plead he avoided the jurisdiction of the court and thus avoided conviction and the consequent forfeiture of his estate. Instead it passed to his sons. Forfeiture is broadly defined as the loss of property for failing to obey the law, and that property is generally lost to the state. A person may have a vested interest in property to be forfeit in two ways: ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Engrossing (law)
Engrossing, forestalling and regrating were marketing offences in English, Welsh and Irish common law. The terms were used to describe unacceptable methods of influencing the market, sometimes by creating a local monopoly for a certain good, usually food. The terms were often used together, and with overlapping meanings. They became obsolete in 1844. Blackstone's Commentaries described them as offences against public trade: forestalling—''the buying or contracting for any merchandise or victual coming in the way of the market; or dissuading persons from bringing their goods or provisions there; or persuading them to enhance the price, when there; any of which practices make the market dearer to the fair trader.'' regrating—''the buying of corn or other dead victual, in any market, and selling it again at the same market, or within four miles of the place. For this also enhances the prices of the provisions, as every successive seller must have a successive profit.'' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
