In the last two decades, national and regional as well as global policies have been made in order to improve competition in the market. For this purpose, several regional agreements have been introduced, initiated or are in the process of negotiation in order to improve a competition framework. Research suggests that more than 70 percent of the agreements in terms of competition have been developed in developed countries (Lever, 1999, 1035). In the same manner, European Union has also defined its competition law, which it first introduced about forty years ago (Kuwayama, 2005, 114). The new aspect of EU competitive policy is that it promotes regional competition and cooperation in terms of business. This leads to several questions. What is the need of competition law? Should regional and local competition be promoted or limited? What is the impact of competition law on the regional and local markets? Is it possible to enhance competition through national and local economies by introdu...
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