Annals of the University of Petrosani: Economics (Oct 2014)
UNFAIR COMPETITION LAW APPROXIMATION - A NECESSITY FOR COMPETITIVE ENVIRONMENT
Abstract
On 8th April 2014, the Organization for Economic Cooperation and Development published, based on a peer review analysis made in the OECD Global Forum on Competition from 27th February 2014, a report entitled "Analysis of competition policy and law in Romania" dedicated to the analysis of the evolution and competition law enforcement and competition policy in Romania. One of the relevant themes of the report was the Romanian law on unfair competition, which currently represents one of the weaknesses of the competition regime in Romania. The need for a competitive regime aligned standards developed by the international community leads inevitably to modernize legislation in this sector. Thus, a modern legal framework can ensure continuity and systematic implementation of the competition regime's reforms.