After many years of weak recovery, with global growth in 2016 at the lowest rate since 2009, some signs of improvement have begun to appear.
Defining the geographic scope of a market can be a challenging process for competition agencies. In November 2016, the OECD held a roundtable to identify challenges faced by agencies when delineating markets that may have national or broader borders, and discussed how those challenges are being overcome.
Governments can affect the way markets function, sometimes to the detriment of free competition. Ensuring a level playing field is therefore essential to allow competition to work properly. This page gathers the work of the OECD Competition Committee throughout the years on the challenges arising from state interventions in the market and what competition authorities can do to address the distortions that they can create.
This report analyses Greek legislation in a number of sectors and identifies about 350 legal provisions which could be removed or amended to lift regulatory barriers to competition. The work undertaken in the project has involved the review of over 1 200 pieces of legislation in these sectors of the economy, using the OECD Competition Assessment Toolkit. The analysis of the legislation and of the Greek sectors has been complemented by research into international experience and consultation with stakeholders from the public and private sectors. The OECD has developed recommendations to remove or modify the provisions in order to be less restrictive for suppliers and consumers, while still achieving Greek policy makers’ initial objectives. If these recommendations are implemented, benefits to consumers in Greece and to the Greek economy should arise in all sectors. Throughout this report, the authors identify the sources of those benefits and, where possible, provide quantitative estimates.
Globalisation, the increasing significance of emerging economies, the borderless nature of the growing digital economy, and the proliferation of competition regimes have caused a significant increase in the complexity of cross-border competition law enforcement co-operation. The OECD and its Competition Committee take a leading role in shaping the framework for international co-operation among competition enforcement agencies.
International co-operation in competition law enforcement is at the core of the OECD competition-related work. This inventory covers over 140 co-operation MoUs between competition agencies where at least one of the signatories is a competition authority of an OECD Member, Associate or Participant to the OECD Competition Committee, or the European Union.
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.
The OECD works on advancing consumer finance protection through informed choice that includes disclosure, transparency and education; protection from fraud, abuse and errors; and, recourse and advocacy.
This multi-year project aims to improve the competitiveness of the Mexican economy by reforming and modifying the regulatory and institutional framework to support higher levels of investment, employment and growth.
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.