versenyjogok

Verenyjogok, often translated as competition law or antitrust law, refers to the body of law that aims to ensure fair competition in the marketplace. It prevents businesses from engaging in practices that harm competition, such as monopolies, cartels, and abusive conduct by dominant firms. The primary goal of versenyjogok is to protect consumers by ensuring lower prices, greater choice, and higher quality of goods and services.

Key aspects of versenyjogok include prohibitions on anti-competitive agreements, such as price-fixing or market sharing between competitors. It also addresses the abuse of a dominant market position, where a company with significant market power exploits its position to the detriment of rivals and consumers. Furthermore, competition authorities often review mergers and acquisitions to prevent the creation of entities that would have excessive market power.

Enforcement of versenyjogok typically involves national competition authorities and, in many regions, supranational bodies. These authorities can investigate suspected infringements, impose fines, and order remedies to restore competition. Individuals and companies harmed by anti-competitive practices may also have the right to seek damages through civil litigation. The principles of versenyjogok are designed to foster innovation and economic efficiency by creating a level playing field for all market participants.