Live comments from the CCP Summer Conference 2013
June 7, 2013 Leave a comment
Hassan Qaqaya (UNCTAD) dicsussed the problems and the effectiveness of competition policy in emerging economies. Problems can arise from the initial economic and social conditions, including the inadequacy of physical as well as institutional business infrastructure and insufficiently informed and organised civil societies. Emerging economies might need assistance in framing effective competition policies. Some younger competition agencies have the necessary budget but not the powers to enforce competition law against cartels. It is essential for emerging economies not only to create a comprehensive competition policy but a conducive economic environment to spur entrepreneurship and growth.