The high degree of competition and low prices in Romania can be maintained by entering new forms of business on the market and, even if there are companies that want to influence political decisions, and the temptation to give in is high, the authorities must take into account the common interest of the society, said The president of the Competition Council, Bogdan Chiriţoiu.

“Things are going well in the Romanian economy. Romania is the champion of economic growth in the EU, the country that has the fastest pace of approaching the EU average. So things seem to go well, obviously, they could go even better and here is the area where we focus: how can we make it work even better,” said Chiriţoiu, according to Agerpres.

According to him, there is a high degree of competition in the Romanian markets, and the degree of concentration is low, as opposed to the American and Western-European markets. “This is also reflected in the fact that we have substantially lower prices than in Western Europe, somewhere at 60% of the EU average. Lower salaries also have a contribution, but it is also important that there is a significant degree of competition,” said Chiriţoiu.