THE IMPACT OF EU COMMERCIAL LAW ON THE ECONOMIC TRANSFORMATION OF ALBANIA: A LEGAL ANALYSIS OF BUSINESS ENVIRONMENT AND THE ESTABLISHMENT OF LEGAL ENTITIES

Abstract

This thesis examines the transformative impact of EU commercial law on Albania's market, specifically focusing on business environment and the establishment of legal persons. It explores the legal framework, challenges, and effects of EU commercial law on competition dynamics and business establishment practices in Albania. The research highlights the alignment of Albanian legislation with EU regulations, facilitating cross-border investment and economic integration. It emphasizes the role of EU competition law in fostering competition, innovation, and investment, with the Albanian Competition Authority playing a crucial role in ensuring fair competition. The thesis also analyzes the impact of EU commercial law on corporate governance, shareholder rights, and mergers and acquisitions, enhancing transparency and investor protection. It discusses the challenges associated with crossborder transactions and the need for ongoing efforts to strengthen institutions and enforcement mechanisms. Through case studies and examples, the research illustrates the transformative effects of EU commercial law on Albania's market. It acknowledges challenges such as institutional capacity, political interference, economic disparities, and public awareness, emphasizing the importance of continuous improvements. Overall, this thesis provides valuable insights for policymakers, legal practitioners, and businesses navigating the evolving landscape of commercial law in Albania.