Finland’s economy has changed dramatically since the late 1980s. Before the change it was characterised by state monopolies, widespread cartelisation, and price regulation. The main trading partner was the Soviet Union. Foreigners could not buy land or trade stocks in Finnish companies on the Helsinki stock exchange. The principles of a market economy have now broadly replaced the old traditions of collective corporatism and economic nationalism. A key objective of the reforms was to strengthen competition. This required the liberalisation and deregulation of markets, to encourage both domestic and international competition. Structural and regulatory reforms to achieve this went hand-in-hand with policies to promote international trade....