This report analyses procurement rules and regulations in Mexico's state-owed petroleum company (PEMEX) and makes policy recommendations to promote competition and fight bid rigging in accordance with international best practices.
In the framework of a project with the Mexican Ministry of Economy, this report provides an overview of international experiences and best practices regarding the role of courts in the implementation of competition policy. It presents different institutional designs, the role of courts, courts specialisation and their benefits as well as their relationship with other government bodies and stakeholders.
In the framework of an OECD project with the Mexican Ministry of Economy, this manual provides guidance on how to carry out an inquiry or examination into a particular market when there is a suspicion or indication that a market is not functioning well. It explains what market examinations are as well as their purposes, intended outcomes and substantive content.
An estimated 22% of the world’s largest firms are now effectively under state control, this is the highest percentage in decades. These firms are likely to remain a prominent feature of the global marketplace in the near future. The upsurge of state-owned enterprises (SOEs) as global competitors has given rise to concerns related to a level playing field. Some business competitors and observers claim that preferential treatment granted by governments to SOEs in return for public policy obligations carried out at home can give SOEs a competitive edge in their foreign expansion. The OECD has taken a multidisciplinary approach, looking at the issue from the competition, investment, corporate governance and trade policy perspectives. The report aims to sort fact from fiction, and develop a stronger understanding, based on empirical evidence, on how to address growing policy concerns with regard to SOE internationalisation. The report concludes that although there is no clear evidence of systematic abusive behaviour by SOE investors, frictions need to be addressed, in view of keeping the global economy open to trade and investment.
Paris, 1-2 December 2016: Focus areas for the 2016 Global Forum include: competition and protecting human rights; the role of market studies as a tool to promote competition; the independence of competition authorities; and sanctions in antitrust cases.
We’ve all felt it – the rush you get when you find a great bargain at a price way less than you would happily have paid. But will these moments continue in the digital world as shopping moves online and the scope for firms to charge different prices to different customers increases?
Lifting many of the regulations stifling business competition in Greece would benefit both consumers, through lower prices, and firms, via higher turnover, according to the OECD.
The OECD’s latest Competition Assessment of Greece looks at e-commerce, construction, media, wholesale trade and a number of manufacturing sectors such as chemicals and pharmaceuticals.
Good corporate governance plays a vital role in underpinning the integrity and efficiency of financial markets. Mr. Rintaro Tamaki, Deputy Secretary General of the OECD, will open the 2016 OECD Asian Roundtable on Corporate Governance on Monday 24 October with Mr. Chang Jae Lee, Vice Minister of Justice in Korea, to address corporate governance standards and practices in Asia.
The post-crisis recovery in entrepreneurial activity remains mixed across countries, but new data released today by the OECD provides tentative signs of a turning point, with trends in enterprise creation rates pointing upwards in most economies.