Nowhere is this better demonstrated than in the United States of America. I worked there, off and on for almost 20 years. I have over 120 entry stamps in my passports - I have seen it for myself. Whereas almost everyone in the US has heard of their anti-trust legislation very few people here have yet heard of the UK's Competition Act. I suspect that some of those who think they might have heard of it think that it's something to do with the National Lottery.
Competition legislation prohibits cartels and other anti-competitive abuses.
This behaviour deprives consumers of the full benefits of vigorous competition - generally in ways which result in poor service, inferior products and high prices. But there is a lot of good news too. The new Government has made up for lost time by introducing legislation which is going to put the UK into the mainstream of competition policy. The good news is also that notwithstanding the inadequacies of current legislation the Office of Fair Trading has had some major recent successes. We are also optimistic for some even greater successes this year.