Company law, also known as corporate law, is a body of law which deals with the rights, relations and conduct of persons, companies, businesses and organisations.
This type of law regulates how corporations, directors, shareholders, investors, employees, creditors and stakeholders interact with each other.
As well as this, company law outlines all the issues businesses can face. Usually, companies deal with legal issues such as employment law issues, contract disputes, product liability and intellectual property management. Therefore, this kind of law helps business to handle these problems.
Commercial law, also known as trade law, focuses on the rights, relations and behaviours of individuals and companies which works in commerce, merchandising, trade and sales. This type of law is usually related to civil law and focuses on problems which are both associated with private and public law.
Commercial law concentrates on different aspects such as merchant shipping, bills of exchange, negotiable instruments, contracts and partnership. Many of these entities are also related to financial law which is a part of commercial law specifically focused on the financial markets.
Competition law is a law that regulates the market competition by dealing with the anti-competitive attitude of organisations. This type of law is implemented through public and private enforcement.
The origins of competition law are related to the Roman empire, where all the businesses practices, associations and governments were subjected to scrutiny and sanctions. In the 20th century, this type of law has become global. Nowadays, the most influential systems of competition regulation are the European Union Competition law and the United States antitrust law.
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