Categories Categories
Home   |  Press   |  News  |  The Competition Council and the Advocates Training Centre jointly organized the training workshop dedicated to defining relevant markets in competition law

The Competition Council and the Advocates Training Centre jointly organized the training workshop dedicated to defining relevant markets in competition law

           
16.04.2024   567 Views    

On April 16, the President of the Competition Council, Alexei GHERȚESCU, was invited to conduct a special training session at the Training Workshop entitled "Definition of the relevant market in competition law" organized for the first time in collaboration with the Lawyers Training Center.


During the session, the President of the competition authority presented a detailed analysis of the rules and regulations governing the determination of the relevant market, stressing the importance of this aspect in the investigations and analyses carried out by the Competition Council. The discourse highlighted both theoretical and practical aspects related to the definition of relevant markets, as it has a significant impact on the analysis of markets and the evaluation of the behaviour of undertakings from a competitive perspective.


Mr. GHERȚESCU also stressed the importance of correctly defining product markets and geographic markets. An incorrect definition of the product or geographic market may distort competitive analysis and negatively affect the Authority's conclusions in concrete cases of application of the relevant legislation. Thus, the precise delimitation of the product and the geographical area that constitutes a relevant market is crucial for determining the position of each company in this market and determining current or possible competitive constraints.


The event represented a valuable opportunity for participants to better understand the principles and practices applied by the Competition Council in the analysis and monitoring of markets, thus contributing to the strengthening of their knowledge in the field of competition law.


At the same time, the participants had the opportunity to ask questions and discuss specific aspects of the competition field during the question and answer session. This interaction was of particular importance as it allowed participants to clarify some complex issues, gain additional explanations and share different perspectives, thus contributing to a deeper understanding of the subject and to the consolidation of the knowledge acquired in the presentation.


 

 

 
Arrow Prev

            

Arrow Next