Latest Documents


16-June-2009

English, , 16,051kb

Competition and Financial Markets

The financial sector is vulnerable to systemic loss of trust. The current crisis resulted from failures in financial market regulation, not failure of competition. Competition and stability can co-exist in the financial sector: more competitive market structures promote stability by reducing the number of banks that are “too big to fail”. Competition helps make the financial sector efficient and ensure that rescue and stimulus

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15-June-2009

English, , 1,634kb

Competition Policy for Vertical Relations in Gasoline Retailing

Gasoline retailing has changed dramatically over the last 25 years. While refiners often still have extensive networks of gasoline retailers, there is also a large independent sector in many countries. A study of the effects of entry by large general retailers finds benefits to consumers. There has been a vigorous debate about whether vertical separation between gasoline stations and upstream entities should be required. It appears

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2-April-2009

English, , 267kb

Finance, competition and governance: Strategies to phase out emergency measures

The OECD has been developing a response to the crisis that is holistic, looking atfinancial market issues, and the wide variety of factors that led to damaging incentive structures, as well as the requirements for broader macro and fiscal policies. The crisis has led to a variety of emergency financial measures such as loans, guarantees, and nationalisations. For financial markets, the focus is on exit strategies that are consistent

2-April-2009

English, , 313kb

Competition and the Financial Crisis

The financial crisis that started in the summer of 2007 is shaking the world’s economic system. It started in the financial sector, but is now having an important impact on the real economy. This paper discusses the role of competition policy in times of systemic financial crises, focusing mainly on the financial sector but also looks at the applicability of competition policy to the real sector.

19-February-2009

English

Resisting protectionism and keeping markets open to competition

Webcast - Dominique Strauss-Kahn, Angel Gurría and Frédéric Jenny open the 2009 Global Forum on Competition and answer journalists' questions.

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17-July-2008

English

Survey on the documents on OECD competition site

We are seeking your input to our work on competition issues. This survey will only take a short time to complete and the data collected will be used to improve our documents and website.

14-January-2008

English, , 3,146kb

Energy Security and Competition Policy

This roundtable examined the links between competition policy and energy security, with a focus on natural gas. The discussion began by addressing the questions of the meaning and importance of energy security; and the determinants of energy security, particularly as they relate to competition policy. It continued in dealing with gas supply, transportation, and distribution, addressing five aspects that relate to different aspects

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7-December-2007

English, , 2,648kb

Competition and Regulation in Retail Banking

Competition can improve the functioning of the retail banking sector without harming prudential regulation. Customer mobility and choice are essential to stimulate banking competition; credit ratings and easy, low-cost transaction costs for switching are crucial for promoting customer mobility.

21-November-2007

English, , 3,242kb

Competitive Restrictions in Legal Professions

Regulation of the legal professions, including self-regulation, typically involves many restrictions on entry and professional conduct. Certain restrictions may be a remedy to market failures and may also be based on distributional or paternalistic motives. But other restrictions can be based on rent-seeking and achieve cartel-like effects. The major policy challenge is to identify and remove the restrictions which are unnecessary or

4-June-2007

English, , 159kb

Policy Brief: Competition Policy and Concessions

Governments have long been engaged in providing goods or services to their citizens that could, in some form, be provided by the private sector. The trend over the past few decades, however, has been to transfer these functions, and the state-owned assets used to provide them, to private hands. The most common method, and the one usually preferred, is privatisation, or outright sale or transfer of ownership of the relevant assets to

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