Live comments from the CCP Summer Conference 2013
June 7, 2013 Leave a comment
Sean Ennis (OECD) examines how the prioritisation of competition law and policy in emerging economies differs to developed economies due to the fundamentally different economic challenges that emerging economies face. He highlighted these differences by looking at World Bank data on GDP, percentage of poverty, income and access to finance. Also the rule of law, level of corruption and the regulatory environment has an impact. Generally one have to adopt competition policy to the local conditions (e.g. market shares, no effects analysis, changed burden of proof for certain elements of a case).