Some Lessons from the CUTS 7-Up Comparative Competitive Policy Project
Competition policy and competition authorities in developing countries can be effective, but the existence of an agency and a law is not sufficient for success. Effectiveness depends in large measure on the energy of the competition authorities and requires at least passive support of the State, inc...
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| Language: | English |
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Washington, DC: World Bank
2012
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| Online Access: | http://hdl.handle.net/10986/9208 |
| Summary: | Competition policy and competition authorities in developing countries can be effective, but the existence of an agency and a law is not sufficient for success. Effectiveness depends in large measure on the energy of the competition authorities and requires at least passive support of the State, including an adequate budget. The cases researched in this study suggest that foreign investors respect credible competition authorities, and that competition policy should not be seen as an additional bureaucratic burden. |
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