The road to recovery: Under construction – competition policy at work

Opening the 9th Global Forum on Competition, Mr. Gurría talks about the concerted global effort needed to promote competitive markets which will support the recovery from the crisis.

9th OECD Global Forum on Competition, 18-19 February 2010

Taking place in Paris on 18-19 February 2010, the 9th OECD Global Forum on Competition will focus on state aids and subsidies and collusion and corruption in public procurement. Participants will also discuss a peer review of Brazil's competition law and policy.

Private Pensions and Policy Responses to the Crisis

This report describes why occupational pensions play a major role in OECD countries and worldwide, complementing retirement income from state sources. Their financial importance is highlighted by the volume of assets they manage on behalf of plan members, USD 22 trillion at the end of 2008. Population ageing has also led many OECD countries to undertake a wide range of pension reforms – the overall effect of which has been to reduce

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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• Competition and Regulation in Retail Banking
• Competition Policy in Subsidies and State Aid
• Mergers in Financial Services
• Relations between Regulators and Competition Authorities
• Enhancing the Role of Competition in the Regulation of Banks
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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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• Report on Experiences with the Structural Separation Recommendation
• Resale Below Cost Laws and Regulations
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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

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.

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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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.

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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• Competition Issues in the Electricity Sector
• Restructuring Public Utilities for Competition
• Application of Competition Policy to the Electricity Sector