The importance of the fair competition in the market economy

• Author: Ramona Mihaela Urziceanu - Anamaria Georgeta Popa
• Position: Faculty of Economics, Social Sciences Department Agora University of Oradea, Oradea, Romania - Alexandru Ioan Cuza Police Academy, Bucharest, Romania
• Pages: 99-106

AGORA International Journal of Juridical Sciences, http://univagora.ro/jour/index.php/aijjs

ISSN 1843-570X, E-ISSN 2067-7677

No. 4 (2015), pp. 99-106

99

The importance of the fair competition in the market economy

R. M. Urziceanu, A. G. Popa

Ramona Mihaela Urziceanu

Faculty of Economics, Social Sciences Department

Agora University of Oradea, Oradea, Romania

*Correspondence: Ramona Mihaela Urziceanu, Agora University of Oradea, 8 Piaţa Tineretului

St., Oradea, Romania

E- mail: ramona.urziceanu@univagora.ro

Anamaria Georgeta Popa

Alexandru Ioan Cuza Police Academy, Bucharest, Romania

*Correspondance: Anamaria Georgeta Popa, “Alexandru Ioan Cuza” Police Academy, Aleea

Privighetorilor, No. 1-3, Bucharest, Romania

E-mail: anamaria.popa@univagora.ro

Abstract

For proper functioning of the competitive market, Romania has regulated the

Competition Act prohibit agreements, the abuse of dominance and control of economic

amalgamation. Therefore, competition law establishes a set of rules applicable to the enterprises

and the guarantee of compliance with competition policy, a guarantee in achieving a free and

vibrant internal market.

Keywords: economy, unfair competition, Competition Council

Introduction

Starting from the common concept of the competition notion which has a rivalry and

competition meaning in an industry where the participants are at least two individuals or legal