Protecting competition law is the protection of competition from all phenomena that may impair it. From the point of view of economic theory, the distortion of competition can be defined as any activity that results in a decrease in competitive pressure, thereby reducing economic efficiency. Effective protection of competition in the market implies the existence of a strong institutional mechanism to prevent distortions of competition in the market from all forms that prevent, prevent or eliminate it, with the aim of protecting and promoting social well-being.
Adnan Issa ,Phd (2019); Creation of Effective Market Competition as Basis for Economic Advance; International Journal of Scientific and Research Publications (IJSRP)
9(10) (ISSN: 2250-3153), DOI: http://dx.doi.org/10.29322/IJSRP.9.10.2019.p9455