Abstract
Purpose: This chapter addresses the main issues about regulation and protection of competition in Kosovo, with particular attention given to the control of enterprises concentration. The importance of controlling concentrations is based on the fact that enterprise concentration, whether local or international, can produce unequitable market conditions, creating monopolistic positions for some. Therefore, control of access from the Competition Authority is necessary, in order for competition to a level playing field for all. Design/Methodology/Approach: The authors carried out a desk review of academic literature, the national reports provided by the competition authority and international institutions, competition law and other available important data. This is to determine and highlight the development of economic competition and control of concentrations, for example regulation and supervision in Kosovo and to determine whether this is in line with European Union directives. Findings: Findings show that competition in Kosovo is still at a phase of development and more is needed to improve and ensure an adequate competition regime in accordance with EU regulations and practices. Significant efforts are necessary to improve legislative alignment and enforcement, specifically on control of mergers and acquisitions. Practical Implications: The authors herein propose a few measures to be undertaken in order to ensure the effective implementation of the law on the protection of competition and the market economy. Originality/Value: The authors define the needs for strengthening and the implementation of Competition Law in Kosovo, such as undertaking the proper coordinated steps in order to have adequate competition authority.
| Original language | English |
|---|---|
| Title of host publication | Emerald Studies in Finance Insurance and Risk Management |
| Subtitle of host publication | New Challenges for Future Sustainability and Wellbeing |
| Publisher | Emerald Group Publishing Ltd. |
| Pages | 429-440 |
| Number of pages | 12 |
| ISBN (Electronic) | 9781800439689 |
| ISBN (Print) | 9781800439696 |
| DOIs | |
| Publication status | Published - 1 Jan 2021 |
| Externally published | Yes |
Keywords
- acquisition
- Competition
- dominant position
- Kosovo
- market economy
- mergers
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