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OECD Competition Assessment Reviews: Greece 2017

image of OECD Competition Assessment Reviews: Greece 2017

This report analyses Greek legislation in a number of sectors and identifies about 350 legal provisions which could be removed or amended to lift regulatory barriers to competition. The work undertaken in the project has involved the review of over 1 200 pieces of legislation in these sectors of the economy, using the OECD Competition Assessment Toolkit. The analysis of the legislation and of the Greek sectors has been complemented by research into international experience and consultation with stakeholders from the public and private sectors. The OECD has developed recommendations to remove or modify the provisions in order to be less restrictive for suppliers and consumers, while still achieving Greek policy makers’ initial objectives. If these recommendations are implemented, benefits to consumers in Greece and to the Greek economy should arise in all sectors. Throughout this report, the authors identify the sources of those benefits and, where possible, provide quantitative estimates.

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Assessment and recommendations

This assessment identifies distortions to competition in the Greek legislation. It proposes recommendations for the removal of regulatory barriers to competition in five sectors of the Greek economy: e-commerce, construction, media, wholesale trade, and selected subsectors of manufacturing. Five hundred and seventy-seven potential regulatory restrictions were identified and analysed, and this report makes 356 specific recommendations to remove potential barriers and increase competition. The resulting benefits will include lower prices and greater choice for consumers as new, more efficient firms enter the market or existing firms adopt innovative forms of production. This report identifies the sources of those benefits and, where possible, provides quantitative estimates. If the particular quantified restrictions are lifted and the expected effects are realised, the OECD estimates that the positive impact on the Greek economy will be around EUR 414 million.

English

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