These Regulations make provision for implementing Council Regulation (EC) No. 1/2003 of 16th December 2002 on the implementation of the rules on competition laid down in Articles 81 and 82 of the Treaty (OJ L 001, 04.1.03, P.1-25: “the EC Competition Regulation”) and for the alignment of the domestic competition regime in the Competition Act 1998 (c. 41: “the 1998 Act”) and the new European competition regime provided for in the EC Competition Regulation.