Konkurentsõigus

Konkurentsõigus, also known as competition law or antitrust law in other jurisdictions, is the body of law that governs competition in the marketplace. Its primary goal is to ensure that markets function efficiently and fairly, benefiting both consumers and businesses. Konkurentsõigus aims to prevent practices that stifle competition, such as cartels, abuse of dominant market positions, and anti-competitive mergers.

Key areas covered by konkurentsõigus include the prohibition of agreements between undertakings that restrict competition, such as price-fixing or market-sharing arrangements. It also addresses the abuse of a dominant position by a single undertaking, which can manifest as predatory pricing or discriminatory practices. Furthermore, competition authorities review mergers and acquisitions to prevent those that would significantly reduce competition.

The enforcement of konkurentsõigus typically involves national competition authorities, which have powers to investigate suspected breaches, impose fines, and order remedies. In many countries, there is also a role for courts in adjudicating competition disputes. Breaches of competition law can result in significant financial penalties for businesses and, in some cases, personal liability for individuals involved. The ultimate aim is to foster a dynamic and innovative economic environment where consumers have access to a wide range of goods and services at competitive prices.