Functionality of the Kosovo Competition Authority on the basis of European Union standards a guarantee for loyal economy in Kosovo

• Author: Armand Krasniqi
• Position: Faculty of Economics - University 'Hasan Prishtina' Prishtina
• Pages: 69-78

ISSN 2410-3918 Academic Journal of Business, Administration, Law and Social Sciences Vol 1 No 2

Acces online at www.iipccl.org IIPCCL Publishing, Tirana-Albania July 2015

69

Functionality of the Kosovo Competition Authority on the basis of European

Union standards a guarantee for loyal economy in Kosovo

Dr.sc. Armand Krasniqi, Prof.Asoc.

Faculty of Economics - University “Hasan Prishtina” Prishtina

Abstract

Legal regulation of market mechanisms and the implementation of economic policies for a fair

competition in TEs is a challenging issue. e competition is a complex economic phenomenon

that is manifested and characterized by the strength and content that gives to the market economy.

In Kosovo specic economic entities, in one way or another, are tempted to gain as much buyers

or markets and create much more prots. e problem is connected with the irregularity. Such

behavior and unfair actions are not only damaging the image of the country but are a serious threat

the harmonious development of the national economy and the country’s accession process to the

EU. e parliament of Kosovo established the Kosovo Competition Authority as an independent

institution with special competences to control and ght this negative phenomenon. Based to

ocial data it turns out that the eectiveness of this institution is not only incomplete but also

non-functional. is is because of the “ignorance” and non-adequate treatment that is reserved for

this authority by the parliamentary and governmental institutions. All this because the members

are not elected based to regular procedures and not allocating the necessary nancial means to

operate. At least so far, the Kosovo Competition Authority was not allowed to hire professionals

with clear competences to act and investigate the negative phenomenon of unfair competition.

Certainly, this situation does not guarantee eective implementation of laws and quality protection

of competition. erefore, the mobilization of parliamentary and governmental levels is needed

to enhance professional capacities and increase their competence in scope of the investigation

including cooperation with prosecutors and courts. ese actions should be reconsidered with the

aim of creating a competitive safe environment for all operators. To conclude, the loyal competition

policies and legislative framework should be harmonized in forms and content with the policies

and rules of the EU.

Keywords: Competition, competences, legislation, the regulatory authority, EU.

Introduction

e Republic of Kosovo is a country with an open economy towards the international

trade that was supposed to be characterized by dynamism and growth. During recent

years the country has a macroeconomic stability with small economic growth. Despite

this, these positive parameters are not sucient for a dynamic economic development.

A particular attention has been paid to the institutional changes including the

establishment of regulatory mechanisms, adoption of a legal framework for competition,

the establishment of institutions and development of policies that supports markets. e

institutional changes regarding the enterprises and businesses, in the legal, nancial and