Iran's Competitiveness Council: from the Legal Status to Car Pricing Authority

This article is based on a conceptual framework and aims to provide a clear picture of the legal status of Competitiveness Council to consider its role in determining the price of cars. In this regard, after providing a precise definition of regulation, the functions and features of the regulator institutions and its different types are studied; based on that we could obtain a better understanding on this matter. In order to find their relationship, a brief introduction of Competitiveness Council is provided, and then the responsibilities and authorities given by the legislative to this institution are taken into consideration from a pathological point of view. What eventually becomes clear is that despite the multi-sectoral nature of Competitiveness Council, it has not the authority to determine the prices at the car market and this action can be criticized in legal terms.