Anti-monopoly laws in Turkey, Greece, and Italy,and Their Enforcement E

Anti-monopoly laws in Turkey, Greece, and Italy,and Their Enforcement A free market economy allows a nation to pee open and equal (to an extent) arguing while utilizing the resources available in the near efficient manner. However, it is non perfect and can lead to some problems much(prenominal) as someone controlling the whole market or, in oppositewise words, having a monopoly or monopoly power. Also, there could be cartels, which are when companies will view as agreements that ?abandon tilt between themselves in order to increase their win? (?Message of the President? 1). Both of these are dangerous for the economy because they not only harm aspiration for smaller businesses but also the consumer, who is oblige to pay whatever prices the companies agree upon. These dangers for the economy create a posit for the national governments to take a leak anti-monopoly laws that ban much(prenominal) practices. However, with the creation of these laws also comes the re move for the enforcement of them, and so there are many new government agencies that crop to draw off sure they are en labored. Some countries and organizations that convey these laws and enforcement agencies over competition are Turkey and the European Union, which includes Italy and Greece. Anti-monopoly or antitrust laws, mainly turn against an imbalance of competition in a free market economy. In other(a) words, they tend against the ?abuse of dominant position? or ?a situation of economic power held by a firm, which allows it to hinder stiff competition in the relevant market.? To fight this possibility antitrust laws lean to prevent infringements of the laws by businesses. The laws move to rule out anything that restricts competition whether it is cartels, monopolies, or other agreeme... ...ar of being monopolized.Works Cited?Abuse of Dominant Position.? Rekabet Kurumu.? http//www.rekabet.gov.tr/ehakimdurum.html 12 Dec, 2003.?antimonopoly Reform frequently asked questions.? http//www.europa.eu.int/news/index_en.htm 16 Dec. 2003.?Law no. 287 of October 10th, 1990.? AGCM HomePage. 13 Oct. 1990. Italy. 8 Jan. 2004 <http//www.agcm.it/eng/index.htm. Path Legislation Law no. 287 of October 10th, 1990.?Message of the President.? Rekabet Kurumu. http//www.rekabet.gov.tr/ebaskanmesaj.html 12 Dec, 2003. ?News Releases.? AGCM HomePage. http//www.agcm.it/eng/index.htm 12 Dec, 2003.?The Act on the Protection of Competition no. 4054.? Rekabet Kurumu. http//www.rekabet.gov.tr/word/ekanun.doc 12 Dec, 2003.http//www.europa.eu.int/index_en.htm 16 Dec. 2003http//www.europa.eu.int/scadplus/leglen/lvb/126005.htm 16 Dec. 2003. Anti-monopoly laws in Turkey, Greece, and Italy,and Their Enforcement EAnti-monopoly laws in Turkey, Greece, and Italy,and Their Enforcement A free market economy allows a nation to have open and equal (to an extent) competition while utilizing the resources available in the near telling manner. However, it is not p erfect and can lead to some problems such as someone controlling the whole market or, in other words, having a monopoly or monopoly power. Also, there could be cartels, which are when companies will give away agreements that ?abandon competition between themselves in order to increase their improvement? (?Message of the President? 1). Both of these are dangerous for the economy because they not only harm competition for smaller businesses but also the consumer, who is pressure to pay whatever prices the companies agree upon. These dangers for the economy create a penury for the national governments to have anti-monopoly laws that ban such practices. However, with the creation of these laws also comes the carry for the enforcement of them, and so there are many new government agencies that fetch to make sure they are enforced. Some countries and organizations that have these laws and enforcement agencies over competition are Turkey and the European Union, which includes Italy a nd Greece. Anti-monopoly or antitrust laws, mainly take in against an imbalance of competition in a free market economy. In other words, they guide against the ?abuse of dominant position? or ?a situation of economic power held by a firm, which allows it to hinder effective competition in the relevant market.? To fight this possibility antitrust laws behave to prevent infringements of the laws by businesses. The laws work to rule out anything that restricts competition whether it is cartels, monopolies, or other agreeme... ...ar of being monopolized.Works Cited?Abuse of Dominant Position.? Rekabet Kurumu.? http//www.rekabet.gov.tr/ehakimdurum.html 12 Dec, 2003.? just Reform frequently asked questions.? http//www.europa.eu.int/news/index_en.htm 16 Dec. 2003.?Law no. 287 of October 10th, 1990.? AGCM HomePage. 13 Oct. 1990. Italy. 8 Jan. 2004 <http//www.agcm.it/eng/index.htm. Path Legislation Law no. 287 of October 10th, 1990.?Message of the President.? Rekabet Kurumu. http// www.rekabet.gov.tr/ebaskanmesaj.html 12 Dec, 2003. ?News Releases.? AGCM HomePage. http//www.agcm.it/eng/index.htm 12 Dec, 2003.?The Act on the Protection of Competition no 4054.? Rekabet Kurumu. http//www.rekabet.gov.tr/word/ekanun.doc 12 Dec, 2003.http//www.europa.eu.int/index_en.htm 16 Dec. 2003http//www.europa.eu.int/scadplus/leglen/lvb/126005.htm 16 Dec. 2003. Anti-monopoly laws in Turkey, Greece, and Italy,and Their Enforcement EAnti-monopoly laws in Turkey, Greece, and Italy,and Their Enforcement A free market economy allows a nation to have open and equal (to an extent) competition while utilizing the resources available in the around effective manner. However, it is not perfect and can lead to some problems such as someone controlling the whole market or, in other words, having a monopoly or monopoly power. Also, there could be cartels, which are when companies will make agreements that ?abandon competition between themselves in order to increase their turn a profit? (?Message of the President? 1). Both of these are dangerous for the economy because they not only harm competition for smaller businesses but also the consumer, who is forced to pay whatever prices the companies agree upon. These dangers for the economy create a engage for the national governments to have anti-monopoly laws that ban such practices. However, with the creation of these laws also comes the urgency for the enforcement of them, and so there are many new government agencies that work to make sure they are enforced. Some countries and organizations that have these laws and enforcement agencies over competition are Turkey and the European Union, which includes Italy and Greece. Anti-monopoly or antitrust laws, mainly work against an imbalance of competition in a free market economy. In other words, they work against the ?abuse of dominant position? or ?a situation of economic power held by a firm, which allows it to hinder effective competition in the relevant market.? To fight this possibility antitrust laws work to prevent infringements of the laws by businesses. The laws work to rule out anything that restricts competition whether it is cartels, monopolies, or other agreeme... ...ar of being monopolized.Works Cited?Abuse of Dominant Position.? Rekabet Kurumu.? http//www.rekabet.gov.tr/ehakimdurum.html 12 Dec, 2003.? just Reform frequently asked questions.? http//www.europa.eu.int/news/index_en.htm 16 Dec. 2003.?Law no. 287 of October 10th, 1990.? AGCM HomePage. 13 Oct. 1990. Italy. 8 Jan. 2004 <http//www.agcm.it/eng/index.htm. Path Legislation Law no. 287 of October 10th, 1990.?Message of the President.? Rekabet Kurumu. http//www.rekabet.gov.tr/ebaskanmesaj.html 12 Dec, 2003. ?News Releases.? AGCM HomePage. http//www.agcm.it/eng/index.htm 12 Dec, 2003.?The Act on the Protection of Competition none 4054.? Rekabet Kurumu. http//www.rekabet.gov.tr/word/ekanun.doc 12 Dec, 2003.http//www.europa.eu.int/index_en.htm 16 Dec. 2003h ttp//www.europa.eu.int/scadplus/leglen/lvb/126005.htm 16 Dec. 2003.