Sound and effective advice on Competition matters​
The Romanian economy is governed by both European Union and national competition regulations, the latter being carved out to a large extent in line with the EU framework. Moreover, Romanian competition authorities are actively and constantly monitoring the markets, being a prominent presence in terms of investigations, clearances and regulatory activity. Due to the substantial amount of the fines applied by the competition authorities as well as the bearing/impact of related measures, businesses have gradually started to accept that competition should play a key role in every corporate compliance system, that proper competition assessments should precede any move that is likely to trigger concerns from this perspective and that executive staff should be receive proper training in order to be able to determine the situations calling for such assessments as well as major red flags to be avoided.
