konkurentsiõigusel

Konkurentsiõigusel, also known as competition law or antitrust law, refers to the body of law that aims to promote fair competition and prevent monopolies. Its primary goal is to protect consumers and businesses from anti-competitive practices that could harm the market. This field of law addresses various aspects of commercial activity, including agreements between undertakings, abuse of dominant positions, and mergers and acquisitions.

Agreements between undertakings that restrict competition, such as price-fixing cartels or market-sharing arrangements, are typically prohibited under konkurentsiõigusel. These practices can lead to higher prices, reduced choice, and lower quality for consumers. Similarly, companies that hold a dominant position in a market are restricted from abusing that power. This can involve practices like predatory pricing, exclusive dealing, or tying arrangements that prevent competitors from entering or operating in the market.

Mergers and acquisitions are also scrutinized under konkurentsiõigusel. Authorities assess whether a proposed merger would substantially lessen competition. If the risk is deemed significant, the merger may be blocked or require certain conditions to be met to mitigate the anti-competitive effects. Enforcement of konkurentsiõigusel is typically carried out by national competition authorities and, in regions like the European Union, by supranational bodies. These authorities have the power to investigate suspected violations, impose fines, and order remedies to restore competition. The overarching objective is to ensure a level playing field where businesses can compete on merit, ultimately benefiting consumers through innovation and lower prices.