Executive chairman of eMAG, Iulian Stanciu, denounced the anti-competitive practices of companies and firms outside the European Union, especially from China and Turkey at a specialized debate on Tuesday, and called for ensuring a level playing field and effective enforcement of legislation.
"According to an analysis, following the tariffs imposed on Chinese exports in Trump's first term, Chinese companies flooded Asian countries with exports to compensate for the lack of markets in America. This has led to the bankruptcy of many local companies, the destruction of value added in local economies, and the reduction of taxes collected to national budgets. Now, in Trump's second term and in response to the second wave of tariffs, Europe has become the target of Chinese exports. I've seen Chinese car makers say they'll beat Dacia Romania by 2030. These companies don't pay a million euros a day from eCommerce customs duties alone. Their unfair practices include deceptive pricing, false promotional offers, market manipulation and data exploitation in the absence of quality standards and product safety," said Iulian Stanciu.
He said there is an urgent need to ensure a level playing field and effective enforcement of existing legislation "in relation to all traders operating in the EU market, wherever they are based".
"The development of the entrepreneurial ecosystem should be stimulated, and a prestigious institution such as the Competition Council, even if it does not have direct legislative powers, can come up with research and recommendations in this regard," the eMAG representative added.
The Competition Council organized on Tuesday, together with the Faculty of Law of the Bucharest University of Economic Studies, the National Conference "Competition Law: Innovative solutions in the Regulatory Framework".
The participants in the event discussed the innovative cases addressed by the Competition Council, presenting new and unconventional practices that have led the competition authority to adapt its analysis procedures to the new economic realities.
The challenges and benefits of the implementation of the Guarantee-Return System, a key tool in the circular economy, with a direct impact on environmental sustainability were also debated.
Competition in digital markets was another topical issue tackled during the event, given the rapid developments in technology and their impact on market structure and consumer behavior.
The conference was attended by representatives of Parliament, the Organization for Economic Cooperation and Development (OECD), members of competition authorities in Europe, experts from employers' organizations and professional associations, as well as representatives of the legal and academic environment.
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