Markkinavalvonnasta

Markkinavalvonnasta is a Finnish term that translates to market surveillance or market monitoring in English. It refers to the process by which authorities oversee markets to ensure fair competition, protect consumers, and uphold legal and regulatory standards. This involves various activities aimed at detecting and preventing anti-competitive practices, product safety issues, and other market irregularities.

Market surveillance authorities in Finland, such as the Finnish Competition and Consumer Authority (KKV), play a crucial role in this process. They investigate suspected breaches of competition law, such as price-fixing cartels or abuse of dominant market positions. They also monitor product markets to ensure that goods and services placed on the market are safe and comply with relevant regulations. This can include testing products, inspecting businesses, and taking action against non-compliant offerings.

The objectives of markkinavalvonnasta are multifaceted. Firstly, it aims to create a level playing field for businesses, encouraging innovation and economic growth. Secondly, it seeks to safeguard consumers from harmful or deceptive practices, ensuring they receive safe products and fair treatment. Finally, it contributes to the overall stability and efficiency of the market economy by fostering trust and transparency. Enforcement actions can range from warnings and fines to prohibition orders and, in severe cases, criminal prosecution.