The Romanian Government enacts an ordinance radically overhauling competition legislation (Emergency Government Ordinance 75/2010)

The context 7 years since the Romanian Competition Law (Law 21/1996, hereinafter referred to as “RCL”) has been amended and 3 years after Romania joined the European Union, new competition regulation came into force, as a result of the enactment of the Emergency Government Ordinance 75/2010 (hereinafter referred to as “the Ordinance”) [1]. The new legal provisions purport to implement the latest developments in the EU regulations and in the case law of the European Court of Justice. This basis, as well as an extensive consultation of the Romanian Competition Council (hereinafter referred to as “RCC”) with the business associations in the process of drafting the Ordinance, resulted in RCL being significantly modernized. The law offers now both more instruments to the Romanian Competition

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Valentin Mircea, The Romanian Government enacts an ordinance radically overhauling competition legislation (Emergency Government Ordinance 75/2010), 6 July 2010, e-Competitions Bulletin Legal privilege, Art. N° 32664

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