Abuse of a dominant position refers to anticompetitive practices by large corporations that hold significant market shares, contravening key regulatory frameworks like Article 102 of the Treaty on the Functioning of the European Union (TFEU) and the UK Competition Act 1998.
The Financial Services Action Plan (FSAP) was an initiative launched by the European Commission in 1999, aimed at integrating EU financial markets. It consisted of 42 proposed measures intended to be completed by 2005, with significant legislative achievements finalized by 2007.
A directive approved by the European Commission in 1983 and implemented in the UK by the Companies Act 1989, which governs consolidated financial statements prepared by corporate groups. Superseded by the Company Reporting Directive of 2006.
