As a circular economy based on the reduction, reusing and recycling of resources and materials is increasingly recognised to be at the core of the green transition, the question arises whether competition laws and policies as currently designed and applied are compatible with its paradigm.
In June 2023, the OECD held a roundtable to discuss how to balance economic growth and the shift to a circular economy. As the circular economy may lead to different incentives, business models and dynamics than traditional linear economy systems, the roundtable explored:
- in which industries and cases competition law might be an obstacle to the shift to a circular economy;
- what are the advocacy and enforcement activities that competition authorities can take to pro-actively support the transition to a circular economy;
- whether any adjustments to the assessment of competition harm and effects is required for competition cases in the circular economy.
Read a summary with key findings or the detailed summary of the discussion.
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