OECD Journal: Competition Law and Policy

Frequency :
3 times a year
ISSN :
1609-7521 (online)
ISSN :
1560-7771 (print)
DOI :
10.1787/16097521
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This journal draws on the best of the recent work done for and by the OECD Committee on Competition Law and Policy. Its articles provide insight into the thinking a competition law enforcers, and focus on the practical application of competition law and policy. Here’s what Robert Pitofsky, Chairman of the US Federal Trade Commission said about this new journal when it was launched: "Global competition is the wave of the future, and comparative analysis of the laws and practices of various members of the worldwide community of nations is a necessary corollary. This new OECD Journal of Competition Law and Policy, compiled from OECD Round Table discussions, summaries of recent developments, and articles on topics of special interest, will introduce regulators, practitioners, and scholars to different regulatory approaches around the world and will allow us to consider in a more informed way the strengths and weaknesses of our own systems."

Now published as part of the OECD Journal package.

Also available in: French
 
 
 

Volume 6, Issue 4 You do not have access to this content

Publication Date :
14 Apr 2005
DOI :
10.1787/clp-v6-4-en
Also available in: French

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  14 Apr 2005 Competition Law and Policy in Finland
Michael Wise
Competition policy was at the centre of market-driven reforms since the late 1980s that restructured Finland’s network monopolies and eliminated the many vestiges of corporatist control. The pace of change is slower now, as the role of market institutions in providing traditional government services presents novel and difficult issues about quality, equity, efficiency, and choice. The role of the competition body, the Finnish Competition Authority (FCA), is also changing. In the previous stages, its principal path of influence, after it made a mark with a strong early enforcement program against tolerated price fixing, was through advice and advocacy. As competitive markets are...
  14 Apr 2005 Competition Advocacy
John Clark
Competition advocacy is especially critical for developing countries as their economic policies are undergoing fundamental market driven changes. Prerequisites for effective competition advocacy by a competition agency include a significant degree of independence from political influence, sufficient resource to support both its enforcement and advocacy functions, and credibility as an effective and impartial advocate for competition. Opportunities for competition advocacy are numerous: privatization; legislation, government policy and regulatory reform. The Second Latin American Competition Forum, jointly sponsored by the OECD and the Interamerican Development Bank (Washington 14-15 June 2004) discussed the...
  14 Apr 2005 Competition Issues in the Electricity Sector
OECD
Electricity markets are prone to the exercise of market power due to a combination of factors including: inelastic demand, lack of extensive practical storage of electricity, transmission congestion, transmission loop flows and capacity constraints coupled with diversity in the marginal costs of different types of generators. The level of market power can vary rapidly in time according to changes in transmission congestion and fluctuating load levels. Given the propensity of the electricity market to market power, horizontal structural separation (or divestiture) of the generation market is a key policy tool. Some structural separation has been carried out, but on a relatively limited scale. But congestion segments electricity markets and contributes to the exercise of generator market power. This effect can provide the incentive for building new generation capacity. So a balance must be found between providing an...
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