Competition policy of the Republic of Serbia
Milan Petković, Ljubomir Kostić
Abstract
Milan Petković, Ljubomir Kostić
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. This sentence reflects the importance of competition. Without competition there is no free market. For years, in Serbia there was a gap in terms of appropriate expertise in such matters, in terms of lack of administrative and judicial practice. Yet the adoption of the Law on Protection of Competition 2009th years, our country has begun to serious antitrust. Presented paper will discuss the effects of the new competition legislation in the Serbian market.
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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. This sentence reflects the importance of competition. Without competition there is no free market. For years, in Serbia there was a gap in terms of appropriate expertise in such matters, in terms of lack of administrative and judicial practice. Yet the adoption of the Law on Protection of Competition 2009th years, our country has begun to serious antitrust. Presented paper will discuss the effects of the new competition legislation in the Serbian market.
Key concepts: Competition (biology), Legislation, Competition law, Competition policy, Serbian, Market economy, Economics, Business