Principles of Estonian competition policy
Estonian competition policy is a part of the national economic policy and it serves a clear aim – protection and development of competition.
Four main trends of the competition policy:
- Creative policy – disestablishment and privatisation are used to provide the prerequisites for natural development of the market economy.
- Protective policy – preventing the emergence of new, deliberate restriction to competition.
- Supporting policy – non-deliberate market failures are diminished to improve market transparency and the movement of market participants (e.g. consumer protection, entrepreneurship support and training courses).
- Replacement policy – competition will be replaced for regulations, in the event of incorrigible market failures; various spheres will be construed as exempted spheres and, where appropriate, existing restrictions will be strengthened.
Implementation and surveillance