Freedom of competition: legal definition of the concept and essence

The purpose of the work is to determine the constitutional content and limits of freedom of economic activity. For this purpose, general scientific (synthesis and analysis, induction and deduction, etc.), private law (formal legal, comparative legal) and others were used. The article examines the freedom of economic activity as a constitutional principle of the economic system. Competition is an integral part of the modern economy and plays an important role in ensuring the effective functioning of the market. The conclusion is made about the importance of competition in economic activity and its impact on business development and innovation. The significance of the work lies in the expansion of scientific ideas about the freedom of economic activity in the expansion of scientific ideas about the freedom of economic activity.