Effectiveness of Competition Protection Policy in Global Business

Aničić Jugoslav

doi:10.62907/eemr240302014a

Authors

Aničić Jugoslav Union - Nikola Tesla" University, Belgrade, Faculty of Economics and Finance Author

DOI:

https://doi.org/10.62907/eemr240302014a

Keywords:

competition policy, economic efficiency,, market, economic entity

Abstract

In contemporary business conditions, large and financially powerful economic systems seek to limit or entirely eliminate other market participants in order to maximize profits for themselves. On the other hand, this goes against the interests of other market participants: a large number of smaller companies, consumers, and the state, which through their institutions and penalty policies seek to establish equal and fair market conditions for all market participants. Only under conditions of fair competitive struggle do new entrepreneurial ideas and innovations develop, leading to progress and social development. Since 2005, the Republic of Serbia has accepted modern EU regulations by adopting laws in the field of competition policy, creating conditions for fair market competition in our area.

References

1. Begović, B., Pavić, V., Popović, V. D. (2019). Uvod u pravo konkurencije (treće izdanje), Pravni faklultet Univerziteta u Beogradu

2. Bishop, S., Walker, M. (2002). The Economics of EC Competition Law: Concepts, Application and Measurement (Second edition), Thomson, Sweet & Maxwel

3. Djekić, I. (2009). Politika zaštite konkurencije u Srbiji – stanje i perspektive, Ekonomske teme, XLVII, br. 2, str. 229-240

4. Harrington, E., J. (2008). Detecting Cartels. In: Paolo Buccirossi (ed), Handbook of Antitrust Economics, The MIT Press, Cambridge Masachusetts: 213-258.

5. Hayek, A., Friedrich. (2016). The Meaning of Competition, Econ Journal Watch, 13(2) 35-372.

6. Motta, M. (2004). Competition Policy: Theory and Practice, Cambridge University Press, New York

7. Pepall, L., Richards, D., Norman, G. (2014). Industrial Organization: Contemporary Theory and Empirical Applications (Fifth edition), John Wiley&Sons

8. Ristić, B., Trifunović, D. (2022). Politika zaštite konkurencije – principi i primena, Ekonomski fakultet, Beograd

9. Stojanović, B. (2021). Osnove austrijske škole (drugo izdanje), Ekonomski fakultet, Beograd

10. Zakon o zaštiti konkurencije („Sl. glasnik RS“, br. 51/2009 i 95/2013)