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Introduction
“The substance and practice of competition law varies from jurisdiction to jurisdiction. Protecting the interests of consumers (consumer welfare) and ensuring that entrepreneurs have an opportunity to compete in the market economy are often treated as important objectives. Competition law is closely connected with law on deregulation of access to markets, state aids and subsidies, the privatisation of state owned assets and the establishment of independent sector regulators. In recent decades, competition law has been viewed as a way to provide better public services.�
“Competition law has grown enormously in recent years, especially since the early 1990s. The growth has been both in terms of geographical regions that have adopted competition law, as well as in the range of economic activities now subject to competition law. As an increasing number of countries have undertaken economic reforms and embraced the market economy, many of them have also introduced......

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Approximate Word Count: 302
Approximate Pages: 2 (250 words per double-spaced page)

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