ELI5: Explain Like I'm 5

Enterprise Act 2002

The Enterprise Act 2002 is a law passed in the United Kingdom. It was designed to make it easier for businesses to do things like merging and taking over other companies, or buying new businesses. It also makes it easier for businesses to restructure, meaning they can change the way things are done in order to become more efficient and profitable. In general, the purpose of the Enterprise Act is to make it easier for businesses to make the changes they want in order to be more successful.