Universität zu Köln

The foundation of global market competition rests on the three principles of efficiency, market fairness, and economic integration. The success of domestic markets in effectively participating in this global competition depends significantly on the ability of their legal systems to promote these core principles. This study analyses the Iranian competition legal framework in light of these principles, employing insights from law and economics. The evaluation of this legal framework against efficiency and fairness suggests broad alignment. While a number of legal provisions need either clearer interpretation or amendment to ensure more consistent practical outcomes, this body of law seeks overall to uphold the requirements of fair competition and prohibit behaviours that undermine efficiency and fairness in the market. The situation is different with respect to alignment with economic integration. The integration of Iran’s domestic markets into global markets is hindered more by policies that restrict openness to global markets than by shortcomings in the competition law. Achieving this integration requires a shift in Iran’s macroeconomic policies towards the promotion of economic convergence.

English