The competition policy in the globalisation era Online publication date: Tue, 14-Dec-2010
by Angela Rogojanu, Diana Mihaela Pociovalisteanu, Liana Badea
International Journal of Foresight and Innovation Policy (IJFIP), Vol. 6, No. 4, 2010
Abstract: A market economy cannot exist without competition, which represents a guarantee for a free game of the market forces and for building an economic environment able to cope with competitive pressures of the global market. Thus, the legislative framework in the competition field is essential for strengthening the private sector as an engine of growth and development and for prohibiting any restrictive practices by undertakings, which may be shaped as agreements or abuse of dominant position. Starting from such aspects, this paper aims to emphasise the role of the competition in a globalised world.
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