PROMOCIJA KONKURENCIJE U BOSNI I HERCEGOVINI
THE PROMOTION OF COMPETITION IN BOSNIA AND HERZEGOVINA

Summary/Abstract: The promotion of competition is a special type of activity, implemented by public bodies in charge of public enforcement of the competition law, and aimed at promoting knowledge of market competition and its significance by creating and developing the culture of competition in the market. Essentially, that implies all activities that do not fall under the execution of law and are aimed at relations with other public government bodies whose decisions have a direct or an indirect impact on the market, as well as activities aimed at raising awareness about the importance of competition in society as a whole. Having in mind the causality according to which greater competition also means a more developed market, every country should pay attention to promotion of competition. Greater awareness about the importance of competition would lead to a decline in violation of laws that regulate the activities in the market, in other words to a decline in activities that prevent, restrict and distort market competition. The first segment of the paper focuses on theoretical sources of promotion of competition and basic determinants of the so-called “Competition advocacy” program, designed by the US Federal Trade Commission (FTC), which was one of the first to introduce that practice. The second segment of the paper, besides presenting the main sources of competition law, analyses the actual condition in terms of promotion of competition in Bosnia and Herzegovina, while taking into account the results of survey that was conducted.

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