Many small businesses have never heard of competition law

Vietnamese small and medium enterprises have a low level of understanding of competition law and are not able to effectively apply competition law in business and production practice.

The survey results show that 32.96% of the 355 surveyed enterprises have a good or higher awareness of competition law, but only 17.18% of enterprises have a good understanding of the conduct specified in the competition law. painting.

To avoid falling into bankruptcy, many businesses have cut many costs, including administrative and legal consulting costs. This is also the reason why the level of awareness about the law, especially the risk of competition-distorting acts affecting small and medium-sized enterprises, may increase.

https://vneconomy.vn/nhieu-doanh-nghiep-nho-chua-tung-biet-toi-phap-luat-canh-tranh.htm

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