Objectives of Myanmar Competition Law

Tue, 01/08/2019 - 04:34 -- competition

The objectives of Law are as follows:

(a)   to protect and prevent acts that injure of public interests through monopolization or manipulation of prices by any individual or group with intent to endanger fair competition in economic activities, for the purpose of development of the national economy;

(b)   to be able to control unfair market competition on the internal and external trade and economic development;

(c)   to be able to prevent from abuse of dominant market power;

(d)   to be able to control the restrictive agreements and arrangements among businesses.