Increased competition can improve a country’s economic performance, open business opportunities and reduce the cost of goods and services to the benefit of consumers. However, numerous laws and regulations can restrict competition in the marketplace.
In Greece, regulatory constraints are a reason for weak competition. According to the OECD Product Market Regulation index, the Greek markets are among the most heavily regulated within OECD members.
Identifying competition-distorting rules and provisions in Greece's legislation is therefore key to help the country improve its productivity and growth.
About the project
The OECD has been working closely with Greece since 2012 to assess competition laws and regulations hindering competition.
In 2016, the OECD carried out a third thorough and independent assessment to identify rules and regulations that may hinder the efficient functioning of markets in the following sectors: construction, media, wholesale trade, e-commerce and manufacturing sub-sectors, such as chemicals and pharmaceuticals.
Making use of the methodology in the Competition Assessment Toolkit, a project team composed of competition experts, economists and lawyers from OECD and the Hellenic Competition Commission conducted an assessment of the regulations potentially restricting competition in the designated sectors and will propose specific recommendations for change.
A High-level Committee of Secretaries General from the relevant ministries was set up to consult and support the work of the project team.
The OECD held a series of workshops to build the capacity of officials from the government to conduct competition assessment, in line with international best practices, through the application of the Competition Assessment Toolkit.
The substantive knowledge gained can then be applied to similar exercises in other sectors or to new laws and regulations.
Competition Assessment Toolkit
Helping governments eliminate barriers to competition
The OECD Competition Assessment Toolkit was designed to help governments eliminate barriers to competition through a method that identifies unnecessary restraints on market activities and develops alternative, less restrictive measures that still achieve government policy objectives.
The toolkit is composed of 3 volumes: Principles, Guidance and Operational Manual. The first two volumes are available in more than 17 languages.
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Greece and the OECD, 2015 (in greek)