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EDITORIAL : ECONOMY - COMPETITION - HEALTHY RIVALRY - RULES OF MARKET - TRANSPARENCY - STABILITY - LEGAL RULES - SANCTIONS

Transparency benefits to competition

Competition is good for every economy. It at the same time is a stimulus and creates a healthy rivalry between different parties. To struggle against the temptation to get around these basic rules of the market economy is an absolute necessity. To do so correctly, transparency and clarity are as indispensable as the stability of legal rules or the knowledge of the range of sanctions.

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. The recent publication by the French Competition Authority of a press release on the method for determining financial penalties in cartel cases provides an opportunity to question the importance of the competition rules for economic and social players in France and the European Union. The Authority's choice to organise a public debate on this project has shown that it is useful to compare points of view on an issue with complex legal aspects and major economic stakes for companies. However, it would be a pity to restrict the subject of the press release to a simple method of calculating fines for anti-competitive practices, as the fight against cartels is

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Maurice Levy, Transparency benefits to competition, September 2011, Concurrences N° 3-2011, Art. N° 36976, pp. 5-7

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