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This note analyses the role of competition agencies facing high prices caused by the Covid-19 crisis. It discusses the circumstances under which competition enforcement may be justified, how to overcome the difficulties that competition authorities pursuing such a course are likely to face, and available regulatory alternatives to address high prices during a pandemic.
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One of the many consequences of the COVID-19 crisis is the risk that many firms will find themselves in financial distress and forced to exit the market or merge. This note focuses on competition issues relating to merger control.
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15/05/2020 - The present note is a preliminary summary of research carried out on acquisition- and ownership-related policies put in place to safeguard countries’ essential security interests.
While foreign investment supports growth and development, creates jobs and enhances welfare, it carries a potential risk for the host country’s national security or public order. This is why international instruments and agreements recognise countries’ rights to manage such risks.
Countries’ implementation and enforcement of the OECD Anti-Bribery Convention is monitored by the OECD Working Group on Bribery through a rigorous peer-review monitoring system, which Transparency International calls the “gold standard” of monitoring.
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30/04/2020 - Global FDI increased in 2019 but was still struggling when COVID-19 hit. Despite an increase of 12% in 2019 to USD 1 426 billion, global FDI flows remained below levels recorded between 2010 and 2017. Compared to 2017, FDI flows decreased by 15%, continuing the downward trend observed since 2015.