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The Role and Powers of Competition

Mo?nianu Cristian ()
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Mo?nianu Cristian: „Ovidius” University of Constanta

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 1, 600-603

Abstract: The Competition Law empowers the Competition Council with instruments to achieve the ultimate goal of protecting and stimulating competition to ensure a normal competitive environment so as to promote consumer interests. Competition Council examines the anticompetitive impact that it has or might have the notified merger, unless there are serious doubts on the compatibility with a normal competitive environment and will eventually authorize the eventual merger by means of a decision of non-objection, in the sense that the authorization is applied without any expressed conditions.

Keywords: council; law; competition; market; powers. (search for similar items in EconPapers)
JEL-codes: C70 (search for similar items in EconPapers)
Date: 2012
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