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Laws and regulations sometimes affect the nature and degree of competition, so it's valuable to assess those effects when comparing policy options. Well focussed regulations that do not unduly restrict competition are more likely to achieve their objectives and enhance consumer welfare. Assessment and advocacy with a view to enhancing competition is an important role for government officials and the public policy community.
More about Reducing Regulatory Restrictions on Competition
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from 19-Feb-2009 to 20-Feb-2009
The 8th OECD Global Forum on Competition brought together senior competition officials from around the world to discuss the importance of competition and the role of competition authorities in the global economy, including: potential conflicts between competition policy and national champions; the impact of the informal economy on competitive markets; the balance between the public interest and competition policy in times of economic crisis; and how young competition agencies can best learn from more experienced colleagues.
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30-Oct-2008
El Salvador’s first competition law took effect on 1 January 2006. Jointly published by OECD and the IDB, this report reviews competition laws and policies in El Salvador since that date and provides recommendations for further reforms. This report is also available in Spanish.
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21-Feb-2008
Opening the 100th meeting of the competition committee, Mr. Gurría reminded that competition is vital for economic growth. It stimulates efficiency and higher productivity, it disciplines managers, it reinforces incentives for innovation, and it speeds up the adjustment to change. He also mentioned OECD countries that have implemented pro-competition reforms have seen higher growth rates and lower unemployment than those who failed to reform. They have also proved to be more flexible and resilient to economic shocks.
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15-Jan-2008
To eliminate barriers to competition, governments can use the approach developed in the OECD’s new Competition Assessment Toolkit. The Toolkit is a method for identifying unnecessary restraints on market activities and developing alternative, less restrictive measures that still achieve government policy objectives. It draws on experiences of many OECD jurisdictions and will evolve based on feedback from ongoing country experiences.
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