Competition's Policy – a Tool to Protect Consumer's Rights and Interests
The existence of a functioning market economy requires, along with the free movement of goods, persons, services and capital, an undistorted competitive environment. The main lever for regulating the competitive environment is the competition policy which refers to “the market behavior of economic a...
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| Format: | Article |
| Language: | English |
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Academy of Economic Studies of Bucharest
2017-05-01
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| Series: | Amfiteatru Economic |
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| Online Access: | http://www.amfiteatrueconomic.ro/temp/Article_2618.pdf |
| _version_ | 1797989164635914240 |
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| author | Vasile Dinu |
| author_facet | Vasile Dinu |
| author_sort | Vasile Dinu |
| collection | DOAJ |
| description | The existence of a functioning market economy requires, along with the free movement of goods, persons, services and capital, an undistorted competitive environment. The main lever for regulating the competitive environment is the competition policy which refers to “the market behavior of economic agents and include relevant measures on competition in the market or trade policy, regulatory policy, measures taken by governments on policies against competition of the firms both in the private and the public sectors.” The competition policy framework ensures fair competition, which is a competition that takes place in compliance with the rules observed by the economic agents and means considered proper and recognized as such by regulations. When it comes to unfair competition, distortion and deviation result from its purpose by favoring certain businesses over others and against consumers. |
| first_indexed | 2024-04-11T08:15:53Z |
| format | Article |
| id | doaj.art-60ce411242c9491b9573e75eb737c1d5 |
| institution | Directory Open Access Journal |
| issn | 1582-9146 2247-9104 |
| language | English |
| last_indexed | 2024-04-11T08:15:53Z |
| publishDate | 2017-05-01 |
| publisher | Academy of Economic Studies of Bucharest |
| record_format | Article |
| series | Amfiteatru Economic |
| spelling | doaj.art-60ce411242c9491b9573e75eb737c1d52022-12-22T04:35:10ZengAcademy of Economic Studies of BucharestAmfiteatru Economic1582-91462247-91042017-05-011945335336Competition's Policy – a Tool to Protect Consumer's Rights and InterestsVasile Dinu0Bucharest University of Economic StudiesThe existence of a functioning market economy requires, along with the free movement of goods, persons, services and capital, an undistorted competitive environment. The main lever for regulating the competitive environment is the competition policy which refers to “the market behavior of economic agents and include relevant measures on competition in the market or trade policy, regulatory policy, measures taken by governments on policies against competition of the firms both in the private and the public sectors.” The competition policy framework ensures fair competition, which is a competition that takes place in compliance with the rules observed by the economic agents and means considered proper and recognized as such by regulations. When it comes to unfair competition, distortion and deviation result from its purpose by favoring certain businesses over others and against consumers.http://www.amfiteatrueconomic.ro/temp/Article_2618.pdf Editorial |
| spellingShingle | Vasile Dinu Competition's Policy – a Tool to Protect Consumer's Rights and Interests Amfiteatru Economic Editorial |
| title | Competition's Policy – a Tool to Protect Consumer's Rights and Interests |
| title_full | Competition's Policy – a Tool to Protect Consumer's Rights and Interests |
| title_fullStr | Competition's Policy – a Tool to Protect Consumer's Rights and Interests |
| title_full_unstemmed | Competition's Policy – a Tool to Protect Consumer's Rights and Interests |
| title_short | Competition's Policy – a Tool to Protect Consumer's Rights and Interests |
| title_sort | competition s policy a tool to protect consumer s rights and interests |
| topic | Editorial |
| url | http://www.amfiteatrueconomic.ro/temp/Article_2618.pdf |
| work_keys_str_mv | AT vasiledinu competitionspolicyatooltoprotectconsumersrightsandinterests |