This report identifies and evaluates market regulations along the vertical supply chains in the gas sector, covering: natural gas and its extraction, processing, transportation, distribution to final consumers, and manufacturing of basic petrochemical products from natural gas; as well as liquefied petroleum gas (LPG) and its extraction, processing, storage, transportation and distribution to final consumers.
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The report describes the context and foundations of competition policy, substantive law and enforcement experience, institutions, special exclusions and sectoral regulatory regimes, and the treatment of competition issues in regulatory and legislative processes. It examines Lithuania’s willingness and ability to implement OECD legal instruments in the field of competition law and policy.
Adopted on 2 July 2019, this Recommendation covers the most salient developments in cartel enforcement of the last 20 years, including amnesty/leniency programmes, proactive investigation tools and investigation powers, settlements, effective fines and private enforcement actions.
This multi-year project aimed 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.
Mexico City, 26-27 June 2019: An OECD Workshop for Competition Officials in co-operation with the Mexico's Federal Economic Competition Commission will be held on "Effective Cartel Detection and Prosecution". Participation by invitation only.
In June 2019, the OECD Competition Committee will discuss how competition authorities can effectively use merger control to reduce the risk of competition harm posed by potentially problematic vertical mergers, without compromising the many efficiencies typically associated with vertical integration.
A recent fall in the labour share of income has helped fuel rising inequality and populist demand for dramatic reform of competition law and stirred a debate in the competition community on monopsony and labour market power retained by employers. In June 2019 the OECD held a hearing discussion on this topic. The topic will be explored again during the 2020 OECD Competition Open Day on 26 February 2020.
The financial sector has been the object of many innovations in recent years, with significant impact on consumers and on regulation. In June 2019, the OECD discused to what degree digital disruption from FinTech and BigTech could impair financial market stability and thus, whether players in these markets need a different type of regulatory oversight. The topic will again be explored during the 2020 Competition Open Day.
The OECD held a roundtable in June 2019 to examine the review of enforcement decisions and investigation steps by courts in relation to competition law, and refered to methods ensuring that courts have access to expertise in competition law and economics. Access all related materials.
3 June 2019 - Digital competition challenges will be a theme of the 2019 G7 French Presidency. This high-level Conference's discussions addressed: data and competition, digital innovation and competition and regulatory challenges for competition policy.