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Regulatory reform efforts in a broad range of industries have resulted in increased importance of competitive forces as a means to allocate resources and improve economic efficiency. A number of indicators suggest that such forces have been stronger in the United States than in most other OECD...
Persistent link: https://www.econbiz.de/10012444089
This paper examines the role of competition law and policy as tools for poverty reduction and development. The authors put forward five related principles, building upon the important work on related issues that has been done by the OECD, the International Competition Network (ICN), UNCTAD and...
Persistent link: https://www.econbiz.de/10010326814
This paper examines the role of competition law and policy as tools for poverty reduction and development. The authors put forward five related principles, building upon the important work on related issues that has been done by the OECD, the International Competition Network (ICN), UNCTAD and...
Persistent link: https://www.econbiz.de/10009708087
The economic importance of public procurement within the EU is undeniable, given its pre-eminent role in the overall economic performance of the Union. Its regulation is thus conceived as a priority. Further, the creation of an EU-wide level playing field for economic operators is submitted as...
Persistent link: https://www.econbiz.de/10014129029
Governments around the world spend an estimated $9.5 trillion of public money purchasing goods and services each year (public procurement). Not only does this represent a significant proportion of government expenditure (29.1 percent on average in OECD countries) and of total gross domestic...
Persistent link: https://www.econbiz.de/10012849477
India is one of the most significant countries of Asia, particularly in terms of its population and growing economy and markets. India has rapidly moved from a 'command and control' economy to free-market principles, and in this regard, one of the major reforms revamped the competition law. The...
Persistent link: https://www.econbiz.de/10012137042
Procurement activities conducted by the public buyer are very relevant for the proper working of the markets. Hence, the market activities of the public buyer should comply with the requirements of competition law - ie should not restrict or distort competitive outcomes derived from free market...
Persistent link: https://www.econbiz.de/10014198076
Maintaining rapid economic growth depends increasingly on productivity gains, particularly in the service sector. Competition has an important role to play in achieving such gains. However, Korea’s development strategy has tended to weaken competition and has left a legacy of government...
Persistent link: https://www.econbiz.de/10012444204
Competition law scholarship has long invoked the role of competition law and policy in economic development in developing countries. More recently, the highly visible efforts to enact this legislation has been one of the most remarkable trends in their regulatory reform process. Assuming that...
Persistent link: https://www.econbiz.de/10013008592
This chapter aims to identify the key areas where EU competition law is relevant from a public procurement perspective: that is, mainly, the prevention and sanctioning of procurement manipulation by suppliers (bid rigging) and the granting of distortive State aid that advantages some of them...
Persistent link: https://www.econbiz.de/10014132515