Publication date: 11.06.2024
Competition in the field of management
Competition is a key element of a market economy that stimulates business development, improves the quality of goods and services, and promotes innovation. Free and fair competition ensures efficient allocation of resources, helps to lower prices and increase the quality of products, which ultimately leads to an improvement in the welfare of citizens. In this article, we will consider mechanisms of state support for competition in Ukraine, measures to protect against anti-competitive actions, as well as responsibility for violations of competition legislation.
State support for competition
In Ukraine, there are a number of laws that encourage free competition and limit monopolies. The main legislative act in this area is the Law of Ukraine "On Protection of Economic Competition". This law defines the legal basis for the support and development of competition, prevention of monopolistic activity and unfair competition.
The law provides measures aimed at:
1. prevention of creation and activity of monopoly entities;
2. provision of conditions for the development of small and medium-sized businesses;
3. protecting the interests of consumers by providing a wide range of quality goods and services at affordable prices.
In addition, to support competition in Ukraine, there are other regulatory acts, such as the Law of Ukraine "On the Protection of Consumer Rights", which is aimed at protecting the rights of consumers and ensuring their access to reliable information about goods and services.
State protection against anti-competitive actions
Specialized bodies function in Ukraine to counter anti-competitive actions.The most important among them is the Antimonopoly Committee of Ukraine (AMCU), which monitors compliance with antimonopoly legislation and takes measures to prevent and stop anti-competitive actions.
The main laws governing protection against anti-competitive practices include:
- Law of Ukraine "On Protection of Economic Competition", which prohibits anti-competitive concerted actions, abuse of monopoly position and unfair competition;
- The Law of Ukraine "On State Aid to Business Entities", which regulates the issue of state aid in order to avoid distortions of competition in the market.
AMCU has the right to investigate cases of violation of antimonopoly legislation, to make decisions on the imposition of fines and to oblige violators to stop illegal actions.
Liability for anti-competitive actions
Competition law violations can take many forms, including:
1. anti-competitive concerted actions between enterprises (cartels);
2. abuse of a monopoly position on the market;
3. unfair competition, such as disinformation of consumers, dissemination of false information about competitors.
Liability for such violations involves significant fines, the size of which depends on the nature and scale of the violation. The Antimonopoly Committee of Ukraine is authorized to prosecute violators, impose fines, and oblige them to eliminate the consequences of violations.
Conclusion
Competition in the field of management is an important factor in the economic growth and development of the country. It helps to improve the quality of goods and services, reduce prices and satisfy consumer needs.State support for competition and protection against anti-competitive actions are key elements in creating a favorable business environment. Complying with competition law ensures fair conditions for all market participants, promotes the development of innovations and increases the welfare of society as a whole.
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