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Novelties in Competition Regulation in Romania. Impact on Competitors

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

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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.

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