Acta academica karviniensia 2014, 14(4):18-25 | DOI: 10.25142/aak.2014.064

SIGNIFICANT MARKET POWER ACT EFFICIENCY

Alena Filipová¹, Veronika Mokrejšová², Jiří Zeman³

¹ Vysoká škola ekonomická v Praze, Fakulta mezinárodních vztahů, nám. W. Churchilla 4, 130 67 Praha, Email:filipova@vse.cz

² Vysoká škola ekonomická v Praze, Fakulta mezinárodních vztahů, nám. W. Churchilla 4, 130 67 Praha, Email:veronika.mokrejsova@centrum.cz

³ Vysoká škola ekonomická v Praze, Fakulta mezinárodních vztahů, nám. W. Churchilla 4, 130 67 Praha, Email:zeman@vse.cz

Act No. 395/2009 Coll. on the Significant Market Power in the Sale of Agricultural and Food Products and Abuse thereof belongs to the specific legislation, through which the state regulates private law relationships between suppliers and buyers. The Act came into force in February 2010 after nearly a decade of its preparation and was accompanied by cut ones discussion of lawmakers, politicians, stakeholders and experts. During the period of its existence, the law is criticized both for its quality of legal and factual content. This study aims to assess the effectiveness of the law either in terms of its preventive and repressive action. The law was adopted with the expectation that it will help improve relations between suppliers and retail chains, empower suppliers and eliminate unfair practices. The team of authors has conducted an extensive primary research among suppliers. Evaluation of the results of this research and description of the findings of the Office for the Protection of Competition will then answer the question of whether the Act fulfilled the expectations and whether it is effective.

Keywords: significant market power, supplier, retailer, Office for the Protection of Competition

JEL classification: L8

Received: August 26, 2013; Accepted: February 11, 2015; Published: December 30, 2014  Show citation