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Theoretical and Applied Economics
No. 10 / 2011 (563)

Novelties in Competition Regulation in Romania. Impact on Competitors

Cornelia LEFTER
Bucharest Academy of Economic Studies
Oana OPREA (TEODORESCU)
Bucharest Academy of Economic Studies

Abstract. Upon the coming into force of the Law No. 149/2011, the recent changes in the Competition Law bring a significant decrease of the fines level, while encouraging competitors to support the maintenance of a healthy and transparent competition. However, some provisions require application guidelines, while others are tougher than the European law principles.

Keywords: economic operator; lower fines; presumption of dominant position; serious competition constraints; lawyer-client privilege.

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