kilpailuoikeusvalvonta

Kilpailuoikeusvalvonta refers to the enforcement of competition law. Its primary goal is to ensure fair competition in the market by preventing anti-competitive practices. This involves monitoring businesses to ensure they do not engage in activities that could harm consumers or other businesses.

The authorities responsible for kilpailuoikeusvalvonta, often referred to as competition authorities, investigate potential breaches of competition law. These breaches can include cartels, abuse of a dominant market position, and anti-competitive mergers. Cartels involve agreements between competing firms to fix prices, limit output, or divide markets. Abuse of dominance occurs when a company with significant market power exploits its position to the detriment of competitors or consumers. Mergers that could substantially lessen competition are also subject to review and potential prohibition.

When a competition authority finds a breach, it can impose significant penalties, such as fines. It can also order businesses to cease their anti-competitive behavior or unwind mergers. The aim is to restore or maintain a level playing field for all market participants and to protect the interests of consumers through lower prices, better quality, and greater choice. The specific rules and procedures for kilpailuoikeusvalvonta vary by jurisdiction but generally follow internationally recognized principles.