Title: Respecting the principles of competition and consumer protection in liquidation sales: a comparative study

Authors: Tariq Kameel; Nour Alhajaya; Fayez Alnusair; Mohammad Alkrisheh

Addresses: Al-Ain University, P.O. Box 64141, Al Ain, UAE; Arab American University, P.O. Box 240, Jenin, Palestine ' Al-Ain University, P.O. Box 64141, Al Ain, UAE; Mutah University, P.O.7, Al-karak, Jordan ' Al-Ain University, P.O. Box 64141, Al Ain, UAE ' Al-Ain University, P.O. Box 64141, Al Ain, UAE

Abstract: This article discusses the most relevant restrictions placed upon liquidation sales to respect the principles of competition, while avoiding involvement in anti-competitive practices, mainly as liquidations involve the reduction of the prices of goods. Additionally, the article discusses the assurances placed when obtaining authorisation for liquidation sales that seek to protect consumer rights, concluding with a description of the research's most important results and recommendations. Its connection and impact not only impact the realm of consumer protection, but are also relevant to the principles of fair market competition. The significant effects on consumers' freedom to exercise their right to choose freely and transparently without any restrictions while laying safeguards to protect consumers within the principles of free market, are also discussed The paper aims is examine the legal framework of liquidation sales in the legal systems of the countries understudy and its impact on consumers interests the precautions and safeguards within the legal systems understudy.

Keywords: liquidation sales; consumers; competition laws; suppliers.

DOI: 10.1504/IJEBR.2023.131162

International Journal of Economics and Business Research, 2023 Vol.25 No.4, pp.506 - 521

Received: 16 Apr 2021
Accepted: 08 Jun 2021
Published online: 01 Jun 2023 *

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