NORDSCI Conference proceedings 2019, Book 2

Finance

CURRENT ISSUES OF ANTIMONOPOLY LAW AND ANTIMONOPOLY REGULATION IN THE SLOVAK REPUBLIC

Assist. Prof. Eleonóra Matoušková, PhD.

ABSTRACT

Without healthy competition, the market can't function optimally. The protection of competition through the legislation and antitrust regulation is therefore essential. The aim of this article is to evaluate the success of the antitrust policy in the Slovak Republic in selected areas of its implementation. The basic rules of competition in the Slovak Republic is based on the Constitution of the Slovak Republic. Other laws governing this area of the economy are the Commercial Code, and in particular the Act No. 136/2001 Coll. on the Protection of Competition. Besides the Slovak competition law, is applied also European law which is an essential part of Slovak legislation.
The Antimonopoly Office of the Slovak Republic in the year 2017 proved cartels concluded in the area of aerial measuring photographing, also in the sale of motor vehicles and in the market with meal and benefit vouchers. Furthermore, they pointed to vertical agreements restricting competition in relation to the sale and servicing of motor vehicles, where imposed on the undertakings the obligation to accept commitments in order to eliminate competition problems in a short time and at lower administrative costs.

KEYWORDS

competition, antimonopoly law, antimonopoly regulation

REFERENCE

NORDSCI Conference Proceedings 2019, Book 2, Conference Proceedings, ISSN 2603-4107, ISBN 978-619-7495-06-5, CURRENT ISSUES OF ANTIMONOPOLY LAW AND ANTIMONOPOLY REGULATION IN THE SLOVAK REPUBLIC, 177-182 pp, DOI paper 10.32008/nordsci2019/b2/v2/22