The debate on how best to use and adjust the current competition policy framework and tools to deliver benefits to society in a changing world continues to evolve as competition authorities gain experience in both antitrust and merger cases in various industries. This experience has shown that challenges to effective competition do not come solely from anti-competitive behaviour and merger strategies.
For example, when markets are characterised by high or discriminatory prices or poor quality, the cause may not be anticompetitive conduct by incumbents, or agreements between firms, but instead market features such as concentration, high barriers to entry, behavioural bias leading to consumer lock-in, network effects, anticompetitive regulation, or distortions of competitive neutrality.
In December 2020, the Global Forum on Competition discussed the key questions facing competition authorities when considering market studies and emerging competition issues:
GFC blog series
This blog series is based on the 2020 Global Forum on Competition agenda and highlights some of the key issues addressed.
Market concentration, OECD Issues paper, OECD Policy Hearing, 2018
Market study guide for competition authorities, OECD Report 2018
The role of market studies as a tool to promote competition, OECD Global Forum on Competition 2016
Market studies methodologies for competition authorities, OECD Policy Roundtables 2017
Market studies, OECD Policy Roundtables 2008