Abstract (eng)
Undoubtably, assured competition between firms contributes for the stable growth and progress of the economy. Thus, today more than 130 competition regimes are in force worldwide, and at least 110 of these laws include merger control, ensuring effective go-vernance of the multinational marketplace. Competition stimulates market participants to pursue efficiency, by reducing manufacturing prices, but at the same time increasing the quality of their products. This ultimately benefits the consumers by allowing them access to high quality, innovative products at a reduced price. Many governments realize that competition rules are an important element and play a key role within the society. Thus maintaining competition is vital for a healthy business climate, which in turn attracts fo-reign investments and propels the economy forward.