Právní význam cenových vybočení (mimořádně vysokých a mimořádně nízkých cen)
| Title in English | Legal meaning of departures from common prices (extremely high and low prices) |
|---|---|
| Authors | |
| Year of publication | 2009 |
| Type | Article in Periodical |
| Magazine / Source | Právník |
| MU Faculty or unit | |
| Citation | |
| Field | Law sciences |
| Keywords | fair price;excessively high and low price;predatory price; Czech act on prices |
| Description | The price amount has mainly economic and ethical character but it also has a legal character. Current relativism of the ethical concept of fair price relates to hindrances to the development of market relations that this ethics used to cause in the past. Both excessively high and low prices are analyzed from both public and private law points of view with special regard to competition law regulation of predatory pricing and to the inadequate high prices according to the Czech Price Act. These extraordinary tools of substituting non working market-selfregulation (or even not existing competition at all) are needed.They are more appropriate and useful than price regulation ex ante that might incur extremely high direct and indirect costs and lead to inefficiency. |
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