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SEMINAR ON RIGHT TO MARKET COMPETITION STARTS IN ZAGREB

ZAGREB ZAGREB, Mar 13 (Hina) - The right to competition is very important for all countries in transition, in which, as in Croatia, the processes of privatisation and take-over of companies can lead to the enlargement and abuse of the monopolist position, said Desa Mlikotin-Tomic, head of the Croatian Agency for the Protection of Market Competition, opening an international seminar on the right to competition in Zagreb on Monday. The event, which is organised by the Agency and World Bank, started with a lecture on the American experience, given by distinguished experts from the United States - Russel W. Pittman, director of the economic research department at the anti-monopoly section of the US Justice Department, and Russel W. Damtoft, a lawyer at the Federal Trade Commission (FTC). Pittman estimated that determined application of the law on competition, as in the United States, could be crucial for the growth and dev
ZAGREB, Mar 13 (Hina) - The right to competition is very important for all countries in transition, in which, as in Croatia, the processes of privatisation and take-over of companies can lead to the enlargement and abuse of the monopolist position, said Desa Mlikotin-Tomic, head of the Croatian Agency for the Protection of Market Competition, opening an international seminar on the right to competition in Zagreb on Monday. The event, which is organised by the Agency and World Bank, started with a lecture on the American experience, given by distinguished experts from the United States - Russel W. Pittman, director of the economic research department at the anti-monopoly section of the US Justice Department, and Russel W. Damtoft, a lawyer at the Federal Trade Commission (FTC). Pittman estimated that determined application of the law on competition, as in the United States, could be crucial for the growth and development of a free market in Croatia. If such a competition policy is crucial for the mature US economy, it is also of the crucial importance for a market economy in development, such as is Croatia's economy, which desperately needs investments and innovations, he said. Attending the meeting, along with representatives from a number of Croatian ministries, economic institutions and courts, are representatives from Slovenia, Bosnia-Herzegovina, Macedonia and Russia. (hina) mm rml

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