The Impact of Prohibited Agreements on Competition and the Exceptions Therein

Abstract

The rule against restrictive competition agreements is the oldest and most important means of combating the restrictive practice of free competition, especially since competition is originally the basis and basis of trade, as it urges improved production and lower prices. The use of certain methods by economic agents to extend their influence in the market and to make quick profit at the expense of the consumer in the first place or at the expense of other economic agents prompted the legislator to take the necessary measures to stop these illegal acts by issuing a set of rules under the Competition Act prohibiting the use of such activities