DOI: 10.36719/AEM/2007-2020/53/119-124
Shukufa Elbrus Muradsoy
Baku State University

LEGAL BACKGROUND OF EUROPEAN UNION COMPETITION LAW

Key words: competition law, objectives, undertakings, directive, provision, prohibitions, abuse  
Açar sözlər: rəqabət hüququ, məqsədlər, müəssisələr, direktiv, müddəa, qadağalar, sui-istifadə  
Ключевые слова: конкурентное право, цели, предприятия, директива, положение, запреты, злоупотребление

Introduction
Competition law is playing an ever increasing role within the European Union. This is mainly due to the incredibly large fines imposed in this context. At the least, these fines are approaching the level of criminal sanctions giving rise to drastic consequences. In general sense, competition is a basic mechanism of the market economy which encourages companies to offer consumers goods and services at the most favourable terms. It encourages efficiency and innovation and reduces prices. In order to be effective, competition requires companies to act independently of each other, but subject to the competitive pressure exerted by the others.

MƏQALƏNİ YÜKLƏ [179.82 Kb] (yüklənib: 29)

© Jurnalda çap olunan materiallardan istifadə edərkən istinad mütləqdi.
Ünvan: AZ1073. Bakı ş., Yasamal r-nu,
              Mətbuat pr., 529-cu məhəllə “Azərbaycan” nəşriyyatı, 6-cı mərtəbə
Tel.:    (+994 12) 510 63 99
Mob.: (+994 50) 209 59 68
           (+994 55) 209 59 68
www.aem.az
E-mail: elmmerkezi@gmail.com