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Novelties in Competition Regulation in Romania. Impact on Competitors

Cornelia Lefter and Oana OPREA (teodorescu)
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Cornelia Lefter: Bucharest Academy of Economic Studies
Oana OPREA (teodorescu): Bucharest Academy of Economic Studies

Theoretical and Applied Economics, 2011, vol. XVIII(2011), issue 10(563), 23-28

Abstract: Upon the coming into force of the Law No. 149/2011, the recent changes in the Competition Law bring a significant decrease of the fines level, while encouraging competitors to support the maintenance of a healthy and transparent competition. However, some provisions require application guidelines, while others are tougher than the European law principles.

Keywords: economic operator; lower fines; presumption of dominant position; serious competition constraints; lawyer-client privilege. (search for similar items in EconPapers)
Date: 2011
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