Thesis supervisor: Ferenc Kondorosi
Location of studies (in Hungarian): Budapest Business Shool Abbreviation of location of studies: BGE
Description of the research topic:
In the world of business, economic competition means the race to gain customer orders and successful customer acquisition. Lower prices, increased quality, a wider selection of goods and services, and higher efficiency are among the benefits of free market competition. Competition law prohibits numerous activities in order to safeguard customers’ interests. Thus, behaviours aimed at fixing prices, dividing up markets, and limiting production output are considered unlawful.
Distortion of competitiveness is reflected in the behaviours of business actors exhibiting economic power and unreasonable concentration.
The author of the thesis could provide new insights to domestic law makers by investigating national and international rulings of relevant legal forums.
Drastic price rise, as an unwelcomed consequence of pandemic, e.g. in construction industry may arouse suspicion about illegal market relations (such as forming cartels).
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