The Legal Aspects and Effects of the Contestable and None-Contestable Markets

The current paper with an analysis of the contestable and none contestable markets، deals with the legal aspects and effects of this division and examine their interaction. It also examines their place under competition law and private law rules. It further conclude that as market is the context of the private ownership and economy and natural monopoly، if it does not come under the ownership of the state، leads to the none contestable markets، then the legal regime for the control and regulation of the contestable markets is competition law while sector regulation is for the control and regulation of the none market sector. As such an understanding of the competition law and private law implication of this distinction helps to understand the implications of each legal regime. This approach also illustrates the differences between private and state owned economies and offers a better perception regarding laws and regulations of the contestable and none contestable markets، the scope of the private contracts، the scope of competition law and ultimately defines the sanctions and supervision methods in this respect.