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Product Market Competition and Economic Performance in the United Kingdom
Competitive pressures appear to be relatively strong in the United Kingdom, with economic and administrative regulations inhibiting competition and barriers to trade amongst the lowest in the OECD. Nevertheless, there is scope for improvement and the recent overhaul of competition legislation should lead to progress in this regard.
Link
http://www.oecd.org/document/8/0,2340,en_33873108_33873870_24300744_1_1_1_1,00.html