Competition policy in South East Europe

Competition policy supports competitive economic environments that allow new firms to challenge incumbents, efficient ones to grow and inefficient ones to exit, and give all incentive to improve the quality of their products. In the Competition Policy Dimension, four policy areas broadly measure the scope and strength of competition policy regimes. The Scope of Action Policy Area assesses to what degree the competition authority is invested by law with the power to investigate and sanction anti-competitive practices. The Anti-Competitive Behaviour Policy Area describes the development of policy to prevent and prosecute exclusionary vertical and horizontal agreements and anti-competitive mergers. The Probity of Investigation Policy Area examines the independence and accountability of institutions which enforce competition law and how fair their procedures are. The Advocacy Policy Area looks at further action to promote a competitive environment.