SISTEME DE CLEMENŢĂ ÎN DREPTUL EUROPEAN AL CONCURENŢEI
LENIENCY SYSTEMS IN EUROPEAN COMPETITION LAW

Summary/Abstract: According to the Explanatory Dictionary of the Romanian Language, competition is an essential feature of the market economy, reflecting rivalry, the dispute between economic agents to produce and sell similar or substitutable goods and services under the most advantageous conditions for them, or competition, rivalry in a field of activity. Obviously, this is not the only attempt to define the term, so we find other explanations in the doctrine, such as: rivalry between industrialists, merchants, countries, monopolies, etc. to corner the market, sell products and customers in order to obtain the greatest possible gains; Rivalry in a field of activity; or competing with another, fighting to corner the market, to oust rivals; merchant or producer fighting to out-earn rivals (term derived from fr. Concurrent); or commercial rivalry, the dispute between industrialists or traders to corner the market, the clientele, to obtain the highest profits. The economic development of each Community country, of the European Union as a whole, is inconceivable without maintaining a functioning competitive environment, a fundamental requirement in a market economy. In fact, competition is considered to be the most important cause of economic and scientific progress.

• Details
• Contents