promotion([U] the activity of encouraging something to happen or develop: the promotion of something "These legislative developments will contribute to the promotion of foreign investment. "Direct government promotion played a primary role in the development of e-commerce. "He worked in a trade promotion unit in the federal Commerce Department. CBED Alexander Demidov)
promotion of competition(Where once competition policy was contrasted with regulation the idea of the promotion of competition was diametrically opposed to regulation in the eyes of many the distinction is now less clear-cut. Furthermore, its actual decisions demonstrate that considerations other than promotion of competition have been taken into account Alexander Demidov)
