konkurrenceretten

Konkurrenceretten, also known as competition law, is a branch of law that regulates business practices to ensure fair competition and prevent anti-competitive behavior. Its primary goal is to promote economic efficiency, innovation, and consumer welfare by preventing monopolies and other forms of market power abuse. Konkurrenceretten is enforced by competition authorities in various countries, which have the power to investigate and prosecute anti-competitive conduct.

The legal framework for konkurrenceretten varies by jurisdiction, but it generally includes provisions that prohibit practices such as price fixing, market allocation, predatory pricing, and abuse of a dominant position. These practices can distort competition, reduce consumer choice, and increase prices. Competition authorities may also investigate mergers and acquisitions to ensure they do not lead to anti-competitive outcomes.

Konkurrenceretten plays a crucial role in maintaining a healthy and competitive market. It encourages businesses to innovate and compete on the basis of quality, service, and efficiency, rather than through anti-competitive practices. By promoting fair competition, konkurrenceretten contributes to economic growth, job creation, and improved consumer welfare.