Pharmaceuticals are special products due to special characteristics in supply and demand. Their distribution is heavily regulated to ensure that drugs are accessible, affordable, and safely consumed. Competition can and should play a role in ensuring that the pharmaceuticals distribution market works well for consumers. The 2014 Global Forum on Competition addressed competition issues in the distribution of pharmaceuticals.
International co-operation in competition law enforcement is at the core of the OECD competition-related work. Prepared by the OECD Competition Committee, this inventory focuses mainly on fifteen bilateral comprehensive government-to-government co-operation agreements where at least one of the signatories is an OECD country.
In the last twenty years a number of developed and developing countries around the world have used public-private partnerships in a variety of sectors, ranging from transport and utility infrastructures (e.g. bridges, roads), to social infrastructures (e.g. schools, hospitals and prisons). Competition delegates took part in a Hearing in June 2014 to examine the major benefits and drawbacks of public-private partnerships. Read more...
The President of the French Republic, Mr. François Hollande, met the Heads of five international economic organisations at the OECD on Friday 17th October to discuss the challenges facing the global economy.
Governments everywhere are increasingly interested in assessing the effects of their policies and the effectiveness of public institutions. Competition policy is no exception. Competition agencies affect the economy by taking decisions on cases under competition law. With their governments, they can influence market competition in the economy more widely through policy interventions.
Globalisation has brought a much more international dimension to competition law. This paper presents evidence of the complexity of co-operation between competition agencies and the likely challenges they will encounter in the future to enforce competition law and co-operate effectively.
English, PDF, 659kb
The September 2014 update on the BEPS Action Plan, including the delivery of the first set of measures from the BEPS Project as well as enhanced engagement with developing countries.
International co-operation between competition authorities has been at the core of the OECD agenda for many years. On 16 September 2014 the OECD Council adopted the Recommendation on International Enforcement Co-operation in Competition Investigations and Proceedings. The Recommendation represents a cornerstone for the creation of an effective international co-operation system between competition enforcers.
The EU Single Market remains fragmented by complex and heterogeneous rules at the EU and national levels affecting trade, capital, including foreign direct investment, and labour mobility.
English, PDF, 509kb
BEPS strategies often take advantage of the interaction between the tax rules of different jurisdictions, so only an internationally co-ordinated effort can effectively respond to this issue. The BEPS Action Plan is based on three core principles: coherence, substance and transparency, and sets forth 15 actions to fundamentally change the rules for the taxation of cross-border profits.