International Conference on Eurasian Economies
11-13 October 2012 – Almaty, KAZAKHSTAN
Paper detail
Paper ID : 479
Status : Paper published
Language : Turkish
Topic : Microeconomics and Entrepreneurship
Presenter: Asst. Prof. Dr. Hülya Göktepe
Session : 1D Mikroekonomi I
Globalization, Competition and Competition Law
Küreselleşme, Rekabet ve Rekabet Hukuku
- Asst. Prof. Dr. Hülya Göktepe (Anadolu University, Türkiye)
Abstract
The growth of competition law in recent years has been enormous throughout the world. This development of competition law is certainly influenced by globalization. Also, with the impact of privatization and liberalization in the last decade competition law has turned out to be a major concept in developing economies. Competition law provides the formation and protection of free competition. Modern market economy is the basis of the principle of free competition. Free competition provides an effective utilization of resources, price goes down, saving to reduce costs, find new technologies and their use in production. Desired markets, although a perfect competition market, because of market failures rather than the ideal situation monopolies, cartels can occur. At this stage, competition policies become important because they provide an efficient resource allocation, and constitutes an important element in raising the level of social welfare. Competition in the market without any intervention from inside or outside freely determine in the liberal economic systems is important. Competition law, at this stage, stepped in for the formation and protection of free competition and plays an important role. Competition law is state intervention tool in order to establish and maintain free competition in the economy. Competition laws is seen as the constitution of the economy The aim of this study is to analyze competition law rules is implemented in Turkey and Kazakhstan and to determine differences and similarities. Also Examples of decisions issued by the Turkish competition authority will be presented.
JEL codes: K21, K20, K00
Göktepe, Hülya (2012). "Globalization, Competition and Competition Law" in Proceedings of International Conference of Eurasian Economies 2012, pp.374-381, Almaty, KAZAKHSTAN.
DOI: https://doi.org/10.36880/C03.00479
