Origins of Competition Law

Abstract

The english expression "fair play" summarizes, foreground, the basis and the origin of the antitrust legislation. This expression intends to safeguard the loyalty towards market competition. Secondly, the existence of antitrust legislation can be justified by the regulation necessity of the market's imperfections, since the market's limitations (as costs that, in thesis, wouldn't be payed, and the possibility of the monopoly formation) - can't adjust itself, only by supply and demand equilibrium. Nowadays, the unfair competition, differently from before, is focused under the society interests' defense and specially consumer's interests, in this context, a rises CADE, a body that exercises its activity fighting against the establishment of monopolies and other forms of antitrust in our economy.