LICIT COMPETITION AND ITS LEGAL IMPLICATIONS
LICIT COMPETITION AND ITS LEGAL IMPLICATIONS

Summary/Abstract: In market economy, the modern form of organization of the economic activity, the traders act freely, based on private property and in accordance with the law of supply and demand.Among the traders that produce the same goods or services there is a constant struggle to attract customers for goods and services on the market.Competition is defined as a confrontation between traders for winning and preserving that customer, to profitability of its activity[1].Given the positive role, stimulating, that competition has in economic activity, the law should establish the necessary legal framework for its manifestation[2]. In this sense, the Romanian Constitution provides that the State must ensure ,,free trade, protection of fair competition, creation of favorable framework for the use of all factors of production” (art. 135).By special laws are set the limits where free competition must manifest and the consequences of violations of these legal limits.

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