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The introduction of greater competition in regulated sectors has required establishing new regulators or seriously rethinking what existing regulators were doing, bringing to the fore important questions concerning the proper relationship between sector specific regulators and economy-wide competition agencies. On the one hand, competition agencies have a comparative advantage over regulators when it comes to ensuring that
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This working paper suggests that a successful reform of public enterprises would improve productivity in key sectors of the Greek economy, and thus provide essential inputs at lower cost to the economy as a whole.
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US competition policy is grounded in principles of economics and has been a powerful tool in regulatory reform. Competition law enforcement and policy advice have played central roles in successful efforts over the last 20 years to reform and often eliminate anti-competitive economic regulation of transport, energy, telecommunications, and services.
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The expanding need for regulation coupled with pressures to reduce the cost of compliance has led to interest in marketable permit or obligation programmes (MPOPs). This paper presents the potential benefits and risks of MPOP's.
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This Report responds to the 1995 request by OECD Ministers that the OECD examine the significance, direction, and means of reform in regulatory regimes in Member countries.
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A major challenge of economic transition in central and eastern European countries is creating the institutional framework crucial to market operation. OECD Economic Studies No. 25.
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The working paper discusses the role of distribution systems in the Italian economy and gives an overview of the transformation of the Italian distribution system in the 1970s and the 1980s.
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This glossary of terms frequently used in the field of industrial organisation economics and competition law has been compiled for pedagogical and training purposes.
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Do market failures justifies subsidies? OECD Economic Studies No. 14.
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This article relates price flexibility to the competitive environment facing firms in different countries and sectors. OECD Economic Studies No. 6.