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Regulation And Enforcement Of Competition Policy

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  • Liviana Andreea Niminet

Abstract

Competition policy starts by shaping a legislative framework. This is aimed to establish boundaries for conducting competition and also sets limits of licit and illicit demarcation, for competitive and anticompetitive practices. The Romanian Competition Law has a divalent approach and it aims to provide specific behavioral conditions in order to stimulate and protect free-market competition, with the ultimate goal of developing a balanced, efficient and competitive economy. Our country’s Competition policy is based on punishing the behavior. There are three such types of anti-competitive behavior, namely: agreements between undertakings, abuse of dominant position and mergers and other concentrations between undertakings. Recent Practice proved that this “enforcement-conduct-punishment” structure is not necessary the best way to address competition and it is high time for authorities to switch both regulation and enforcement of competition from the “classical perspective” towards concepts like “competition advocacy” and “soft power” and give competition policy a new, reshaped face.

Suggested Citation

  • Liviana Andreea Niminet, 2014. "Regulation And Enforcement Of Competition Policy," Studies and Scientific Researches. Economics Edition, "Vasile Alecsandri" University of Bacau, Faculty of Economic Sciences, issue 20.
    • Handle: RePEc:bac:fsecub:14-20-02
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    File URL: http://sceco.ub.ro/DATABASE/repec/pdf/2014/20142002.pdf
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    References listed on IDEAS

    as
    1. Liviana Niminet, 2012. "Turmoil on the Automotive Market: Insight Perspective," BRAND. Broad Research in Accounting, Negotiation, and Distribution, EduSoft Publishing, vol. 3(3), pages 80-84, December.
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    Cited by:

    1. Liviana Andreea Niminet, 2015. "A Humanising Economic Approach On Competition Policy Or How The Behavioral Economics Blends With “Traditional Economics”," Studies and Scientific Researches. Economics Edition, "Vasile Alecsandri" University of Bacau, Faculty of Economic Sciences, issue 21.

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      More about this item

      Keywords

      competition policy; regulation; enforcement; competitive; anticompetitive practices;
      All these keywords.

      JEL classification:

      • K20 - Law and Economics - - Regulation and Business Law - - - General
      • L40 - Industrial Organization - - Antitrust Issues and Policies - - - General

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