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THE ROLE OF COMPETITION ADVOCACY IN STABILIZING THE COMPETITIVE SPACE IN REPUBLIC OF MOLDOVA

Constanta Tiuhtii

Management Strategies Journal, 2017, vol. 35, issue 1, 13-18

Abstract: The harsh conditions of a developing market where fierce competition persists often resulting in law violations, capitalizes the development of competitive culture. In terms of market particularities where operate mainly small and micro enterprises, considerably enhances the need of competitive culture development. This paper presents an analysis of the the particularities of competitive behavior in small countries through the specific features of a small domestic market such as limited competitive opportunities. They arise due to factors such as the dominant structures (monopolistic and oligopolistic) approval by state bodies, the existence of price control systems, barriers to entry and others. Thus, the development of a transparent and balanced competitive environment is possible through improving of the competitive culture, that compared to large markets, require additional efforts. Competition Advocacy is the key of competitive culture in order to reduce the number of infringements of competition law that resulted in sanctions, which would help to increase the competitiveness of businesses. Through its work, Advocacy helps developing a normal competitive environment.

Keywords: competition advocacy; competition norms; competition criteria; competition authorities (search for similar items in EconPapers)
JEL-codes: K2 K4 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:brc:journl:v:35:y:2017:i:1:p:13-18

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