ECONOMIC CONSTITUTION IN PRACTICE THE ENFORCEMENT OF COMPETITION LAW IN ALBANIA

Petrina Broka () and Ermal Nazifi ()
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Petrina Broka: University of Tirana Faculty of Law Department of Civil Law Albania, Postal: AL
Ermal Nazifi: Albanian University Albanian Competition Authority Albania, Postal: AL

Journal of Advanced Research in Law and Economics, 2011, vol. 2, issue 4, 109-119

Abstract: Proper enforcement of competition rules is one of the pillars of the free market economy of Albania It is also a very important factor for the integration of Albania in the EU Therefore these rules have been considered as an economic constitution The effective enforcement of competition rules can be done by public institutions via administrative procedures public enforcement or directly by the parties affected from breaches of competition law by actions in courts private enforcement In the case of Albania public enforcement has been in a process of continuous evolution On the other hand there have been no cases of private enforcement so far despite the potential of such cases especially in actions for damages following on the decisions of the Albanian Competition Law However more effort is needed in such areas as the collection of fines acceptance of recommendations from the part of the government etc For a fully effective implementation of competition rules all institutional stakeholders the courts and businesses should be engaged in order to contribute positively for the development of the Albanian economy

Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:srs:jarle0:v:2:y:2011:i:4:p:109-119

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