Scenarios regarding the role of the Competition Council and its influence to the economic environment

• Main Authors: George GRUIA, George Cristian GRUIA
• Format: Article
• Language: English
• Published: Bucharest University of Economic Studies 2013-12-01
• Series: Juridical Tribune
• Subjects: transparency; best practices; scenarios; competition
• Online Access: http://www.tribunajuridica.eu/arhiva/An3v2/19%20Gruia%20.pdf

The present article offers a series of scenarios which can appear as a result of different decisions that are being taken and applied by the Competition Council with implications in the national economy. The scope of the article is for best practices examples to be showcased in order for the procedures of competition law in business to be smoothened out. With this occasion, our aim is to offer a parallel with the Competition Law from Czech Republic and Singapore to have a better understanding of the differences but also its effects which could appear in the Romanian and international business environment once the decisions are being taken by the Council of Competition. Several scenarios are being conducted and analysed from the juridical-commercial perspective and certain recommendations are being formulated for a better development of European Law, in this case the international business law in the context of a broader framework in the European Union, but in Asian and Central American countries as well.