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OECD Journal: Competition Law and Policy

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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.

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The Electricity Sector in Russia

The electricity sector plays a vital role in the economy of Russia and the well being of its citizens. Already partly privatised, reform of the structure and regulation of the sector has been on and off the political agenda for years. As part of the OECD’s long-term active support for reform efforts in the Russian Federation, a meeting was held in Moscow in May 2001 among experts from OECD member countries and Russian officials to discuss what could be learned from the experiences of reform in electricity sectors in OECD countries.

Key recommendations addressed restructuring – ensuring sufficient deconcentration in generation and independent, non-discriminatory control of grid access by separate ownership of generation and transmission – transmission pricing, universal service, institutional arrangements – empowering an independent regulator with transparent objectives, powers, processes and decisions – and transitional arrangements.

Russia is unique, but many of the policy considerations in Russia will also be important in many other countries.

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