New Elements in the Regulation of Competition in Romania
New Elements in the Regulation of Competition in Romania

Author(s): Ana-Maria Udriște
Contributor(s): Catalin-Silviu Sararu (Editor)
Subject(s): Law, Constitution, Jurisprudence
Published by: Societatea de Stiinte Juridice si Administrative
Keywords: competition; anticompetitive deeds; dawn raids; sanctions; mergers; access to file; recognition
Summary/Abstract: Taking into consideration the increased activity of the competition authority over the past few years, it was expected that the main framework in this area will suffer substantial amendments in order accurately outline the objectives and fundaments that are the basis of Competition Council. Consequently, during the last couple of years, Competition Act no. 21/1996 suffered important amendments, in order to align its provisions with the economic reality, as well as the tendencies at the European level. The present paper, using comparative analysis and text interpretation as methods, has as purpose to outline the main amendments brought to the Competition Act no. 21/1996 over the past two years, as well as their impact in the day-to-day activity of the individual and companies in relation to the competition authority. In order to facilitate reading this paper, the conclusions have been introduced at the end of each chapter where that amendment is analyzed, whereas at the end of the paper we can find the most important changes stressed, as well as the path the competition authority should embrace in the near future, in order to give efficiency to these amendments.

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