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  1. University of Mandalay
  2. Department of Law

Importance of free and fair Competition for Economic Growth

http://hdl.handle.net/20.500.12678/0000000995
http://hdl.handle.net/20.500.12678/0000000995
38633af8-74aa-48b7-b5cc-7554c83c884c
048514d9-34c8-4a8e-876f-d1d6983e2c6e
None
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Importance Importance of free.pdf (263 Kb)
Publication type
Journal article
Upload type
Publication
Title
Title Importance of free and fair Competition for Economic Growth
Language en
Publication date 2014
Authors
Po Ma Ma Aung
Description
Competition is an event or a contest in which people fight for superiority or supremacy. In the market,
competition is taken as a process whereby firms fight against each other in order to secure customers
for their products by adopting any means (fair or unfair). Therefore, each country enacts competition
law by adopting competition policies for free and fair competition to achieve economic growth of
country. Under the provisions of the Competition Law, unfair competition of businesses,
monopolizations, restrictive agreements or arrangements among enterprises and abuse of dominant
position in the market will be eliminated and controlled. By doing so, it will protect the grievances of
public interests and will promote the economic growth of the country by cooperating in the free
competition network for international and regional free flow of goods and services, free flow of
investments, skilled-laboured workers and money. Moreover, it will encourage the innovative skill by
protecting the intellectual property rights of the inventors, investors and producers in the market.
Keywords
competition
Identifier http://umoar.mu.edu.mm/handle/123456789/25
Journal articles
Conference papaers
Books/reports/chapters
Thesis/dissertations
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