Abstract

• The economic system around the world is now interconnected and developed between nations. A sustainable economy is the key to ensuring human existence in the face of climate change, and it also offers economic opportunity. The business of Myanmar is more developed, and on the other hand, the risks of the enterprises are increased through unfair competition. All countries agree that competition should not only be free but also fair. Protection against unfair competition is an ever evolving notion that has to adapt to the evolution of trade, and the development of new principles and obligations for participants in the business environment. To prevent abuses of market power arising from monopolization or anti-competitive actions in a market economy, the Competition regulator shall be first to define the relevant market. The assessment of market/ dominance power is vital to determining the illegal influence of a firm or product in a particular market. Assessing market power is a fundamental tool for analysis of the anti-competitive agreements. In competition law, defining the market is a complicated procedure. The determination of the market definition needs to be clarified more in the Competition Law in Myanmar. The product scope and geographical scope will figure out the market condition. However, markets are sometimes narrowly defined by integrated controls, such as services or customers.