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Legal Basis on Unfair Competition Protection
- Competition means the rivalry between two or more businesses to gain as much of the totalmarket sales or customers acceptance as possible. Although all countries agree thatcompetition should not only free but also fair, however, competition becomes unfair when itseffects on trade, consumers, and society as a whole are more detrimental than beneficial.Protection against unfair competition is an ever-evolving notion that has to adapt to theevolution of trade, and the development of new principles and obligations for participants inthe business market. As a member of ASEAN, Myanmar shall be implemented the law forcompetition by 2015, therefore, Myanmar promulgate its draft in 2014. By enacting the lawfor competition, the Government can control inappropriate or unfair competition of business.Law for protection against unfair competition is an important one for trade and internationalcompetitions. At first, the purpose of unfair competition law aims to protect the honestcompetitors, but now law against unfair competition aim to ensure fair competition in theinterests of all concerned. Thus, the object of this research is to identify the current unfaireconomic situation and then to analyze the up-coming competition law whether it is in linewith the ASEAN Regional Guidelines and WIPO Model Provisions on Protection againstUnfair Competition and finally to promote fair competition economic environment.
Ni Ni Win
- Journal of the Myanmar Academy of Arts and Science