OECD Journal: Competition Law and Policy

  • Discontinued

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.

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Competition Policy in Subsidies and State Aid

Many sectors of OECD economies are strongly influenced by government policies, which provide financial support, assistance or aid to individual firms in an industry. Subsidies like regulations maybe either beneficial or harmful, either promoting welfare or distorting competition, depending on the circumstances. A roundtable discussion held in the Competition Committee in February 2001 focused on subsidies which arise whenever an enterprise or a consumer receives a benefit whose cost is wholly or partly, directly or indirectly, paid by the state. The roundtable discussed notably the different forms of control, and how they distinguish legitimate from illegitimate subsidies; it explored as well the nature of these controls, and in particular to what extent they are part of a broader system of ...

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