konkurentsihäire

Konkurentsihäire is an Estonian term that translates to "competition disturbance" or "disruption of competition." It refers to situations where competition in a market is unfairly restricted or eliminated, leading to negative consequences for consumers and the overall economy. This can occur through various anti-competitive practices.

Common forms of konkurentsihäire include cartels, where competing businesses collude to fix prices, divide markets, or limit production. Abuse of a dominant market position is another significant concern, where a company with substantial market power uses its influence to disadvantage competitors, such as through predatory pricing or exclusive dealing arrangements. Mergers and acquisitions that result in a significant reduction in competition can also be classified as konkurentsihäire, if they create a market structure where one or a few firms can dictate terms.

The Estonian Competition Authority (Konkurentsiamet) is responsible for monitoring and enforcing competition law to prevent and address instances of konkurentsihäire. Their objective is to ensure a fair and open market where businesses can compete on merit, benefiting consumers with better prices, quality, and choice. Investigating suspected violations and imposing penalties on companies found to be engaging in anti-competitive practices are key functions of this authority. The ultimate goal is to maintain a healthy competitive environment that fosters innovation and economic growth.