PROTECTION OF COMPETITION POLICY IN SERBIA
Journal: Journal for Economic Theory and Practice and Social Issuses (Ekonomika) (Vol.60, No. 1)Publication Date: 2014-03-24
Authors : Milan Petković MSc; Svetislav Stanković Ph.D;
Page : 167-173
Keywords : competition law; anti-trust policy; The Competition Commission;
Abstract
Free trade and protection of competition on the market do little to benefit a large number of people a monopolized market provides a great benefit a few individuals. Without competition there is no free market. While in terms of general social interest competition is usually a desirable phenomenon in the market, from the point of view of the individual undertaking it is undesirable evil, because it forces them to work harder, and at the same time it reduces the profit.
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Last modified: 2014-04-29 17:06:23