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Government concerns about high electricity prices, the highest in the OECD, have led to reforms of the sector of which the introduction of competition is seen as a key measure.
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Japan is one of the few countries to have introduced competition in the 1980s, along with the United States and the United Kingdom. Since market liberalisation began in 1985, Japan has introduced many liberalisation measures to encourage fair com...
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The telecommunications industry has seen significant regulatory reform in OECD countries in recent years. Twenty-three OECD countries now have unrestricted market access to all forms of telecommunications, including voice telephony, infrastructur...
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Does the national regulatory system allow foreign and domestic enterprises to take full advantage of competitive global markets? Reducing regulatory barriers to trade and investment enables countries in an expanding global economy to benefit more...
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Regulation of the electricity supply industry in the United States has been undergoing a major reform for several years. While inter-utility trading of electricity and generation by independent power producers have become substantial over the pas...
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The Czech Republic has endured a period of profound economic change since the collapse of the Soviet block. The broad and deep changes to the legal structure and institutional frameworks necessary to make the transition to a market economy are de...
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In only ten years, the Czech Republic has largely completed the move from a planned socialist economy to an open market democracy. Today, about 77% of GDP is produced by the private sector, compared with less than 5% in 1989.
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Competition policy is central to regulatory reform, because its principles and analysis provide a benchmark for assessing the quality of economic and social regulations, as well as motivate the application of the laws that protect competition.
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In recent years, the Czech Republic?s programme for pro-competitive regulatory reform has been driven by the principles prescribed by European Union (EU) directives and the 1997 WTO agreement on basic telecommunications. The Czech Republic?s mark...
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As border barriers to trade fall, the impact of domestic regulations on international trade and investment becomes more apparent. While regulations aim at reaching objectives such as health, safety or the environment, that may be in the public in...