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The Lawyer Quarterly
|
2020
|
vol. 10
|
issue 3
346-356
EN
Competition shall be a state priority and not merely to be foreseen by the Constitution and a special law for its protection. It is crucial establishment of competent institutions for implementation of legal framework in practice based on state common interest, consumers’ interest and on interest of various types of business organizations in the country. Competition is not only beneficial to businesses protecting them to be equal in the market, but it also protects consumers providing them with better quality products that are more competitive in the market and more reasonably priced. Competition is the opposite of monopoly as there is no monopoly where there is fair competition. Furthermore, fair competition requires to have no dominant positions, abuse of such positions as well as no anti-competition agreements.
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