Experience of inspected entrepreneurs indicates that once the Office of Competition and Consumer Protection detects serious violations in a given enterprise, the inspections may be repeated. What is competition? By the concept of “competition” we mean, generally speaking, the entire process in which entities operating on the same market. In conducting their business, they compete with each other in order to acquire the largest possible market area and thus conclude as many transactions as possible by offering products or services in more favorable, i.e. competitive, conditions. Basically, competition is a very good and desirable phenomenon. Where there is a monopoly on certain goods or services and there is no competition, consumers have much less choice and Competition less favorable price conditions.
However, for competition to be
desirable, it must be fair. Fair competition? This means that competing entrepreneurs should only use legal methods to offer more favorable purchase conditions to consumers. When examining competitiveness, it is also important to Bosnia and Herzegovina Telemarketing Data determine the market share of individual companies. It may happen that even though there are many companies on the market, only two of them have such a percentage share that they actually influence its shape. Competition law – what does fair competition cause? First of all, it influences the development of a given product or service. Each entrepreneur is interested in Competition improving their products. Ultimately, the consumer at the end of this chain Law Thirdly has a chance to get a better quality product.
In the case of a
monopoly market, there is no competitor due to which the monopolist would have to make greater efforts to develop its product. In Switzerland WhatsApp Number List conditions of fair competition, we also observe phenomena such as: price reductions, an increase in the number of goods on the market, an increase in the activity of entrepreneurs, greater care for the consumer, an increase in the level of consumption and quality. Inspections Law Thirdly When it comes to inspections recently carried out by the Office of Competition and Consumer Protection, we have recently seen a clear increase in the activity of this body. This causes more and more entrepreneurs Competition to wonder how to prepare for it.
