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E-commerce is unlikely to develop entirely new forms of anti-competitive behaviour that can’t be dealt with under existing anti-competition law, according to a discussion paper from the Office of Fair Trading. E-commerce and its Implications for Competition Policy looked at market definitions and assessed market power, along with individual agreements and conduct.
“Seekhere is in its infancy,” says Tim Henson, director of the eponymous Internet buyers’ guide, “but the information superhighway could make things so easy for buyers in the future.” Seekhere is just 18 months old and is still finding its feet. With £500,000-worth of financial backing, Henson predicts that the site will be on a firmer footing by November.