Legal Governance of Competition in Public Procurement: Economic Implications and International Comparisons

Public procurement is a major area of government activity, where ensuring competition is essential for efficiency, transparency, and economic performance. Legal governance provides the framework of laws and institutions that regulate procurement processes, aiming to prevent corruption, promote fairness, and encourage innovation. Competition in procurement drives better quality, lower costs, and broader market participation, while weak governance can lead to inefficiency and market distortions. This study analyzes the legal governance of competition in public procurement, explores its economic implications, and examines international experiences to identify best practices for enhancing transparency, fairness, and competitiveness.