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Community Competition Law Applied In Romania

Author

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  • Ilie Moga

    (Lucian Blaga University of Sibiu, Faculty of Economic Sciences)

Abstract

Competition is the main mechanism of market economy, which generates efficiency and contributes to a better allocation of resources in the economy. It gives consumers more options on the quality, price or variety of products and services. In this context, the community competition rules, applicable in our country through harmonized legislation with the EU, must be known and simultaneously respected. The community competition rules were included in the establishing Treaty of the European Economic Community signed in Rome in 1957. In time, principles stated in the Treaty have been detailed by rules, regulations – framework, guidelines, communications that forms the secondary legislation community in meters competition. Community regulations and decisions present a particularly relevant for the field of competition. They are applicable in Member States, without the need to transpose into national rule by a law or another legislative act.

Suggested Citation

  • Ilie Moga, 2009. "Community Competition Law Applied In Romania," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 4(4), pages 115-120, december.
  • Handle: RePEc:blg:journl:v:4:y:2009:i:4:p:115-120
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    File URL: http://eccsf.ulbsibiu.ro/RePEc/blg/journl/449moga.pdf
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    References listed on IDEAS

    as
    1. Borensztein, Eduardo & Cowan, Kevin & Valenzuela, Patricio, 2013. "Sovereign ceilings “lite”? The impact of sovereign ratings on corporate ratings," Journal of Banking & Finance, Elsevier, vol. 37(11), pages 4014-4024.
    2. Carmen M. Reinhart, 2002. "An Introduction," World Bank Economic Review, World Bank Group, vol. 16(2), pages 149-150, August.
    3. Czarnitzki, Dirk & Kraft, Kornelius, 2004. "Innovation indicators and corporate credit ratings: evidence from German firms," Economics Letters, Elsevier, vol. 82(3), pages 377-384, March.
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