What Are the Challenges in Enforcing Competition Law?
Enforcing competition law is not without its challenges:
Globalization: With businesses operating across borders, coordination among international regulatory bodies is essential but complex. Digital Markets: The rise of digital platforms presents new challenges, as traditional competition metrics may not apply. Legal Complexity: The legal framework surrounding competition law is intricate, requiring specialized knowledge and expertise. Resource Constraints: Regulatory authorities often face limitations in terms of resources and manpower, impacting their ability to investigate and enforce laws effectively.