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Policies Bearing on Product Market Competition and Growth in Europe

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Author Info
Carl Gjersem ()

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Abstract

The strength of product market competition plays an important role in economic growth as it affects economic efficiency and the allocation of resources, and can also lead to improved labour market performance. This paper examines product market competition and economic performance in the European Union. The Community’s competition rules, which apply whenever anti-competitive practices have an implication for cross-border trade, are enforced primarily by the Commission’s Directorate General for Competition, and complement national competition legislation. Reforms have been adopted recently to sharpen the toolkit and to increase the role of national authorities in the enforcement process. However, the toolkit could still be made more effective. Competition policy is complemented by, and partly overlapping with, the regulation of newly liberalised network industries. Despite the EU’s commendable efforts in this area, competition is still undermined by dominant incumbents in some ...

Politiques pour la concurrence et la croissance sur les marchés de produits en Europe

La vigueur de la concurrence sur les marchés de produits joue un rôle important dans la croissance économique, influence l’efficience économique et l’allocation des ressources, et peut aussi induire de meilleurs résultats sur le marché du travail. Cette étude examine la concurrence sur les marchés de produits et la performance économique dans l’Union Européenne. Les règles de concurrence communautaires, qui s’appliquent chaque fois que des pratiques anticoncurrentielles ont une incidence sur les échanges transfrontières, sont mises en œuvre principalement par la Direction générale de la concurrence de la Commission et viennent compléter le droit national de la concurrence. Des réformes ont été adoptées récemment pour affiner le dispositif et renforcer le rôle des autorités nationales dans le processus d’application. Toutefois, l’efficacité des instruments en place pourrait être encore améliorée. La réglementation des industries de réseau récemment libéralisées complète la ...

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Paper provided by OECD Economics Department in its series OECD Economics Department Working Papers with number 378.

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Date of creation: 12 Jan 2004
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Handle: RePEc:oec:ecoaaa:378-en

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Keywords: réforme de la réglementation regulated industries competition regulatory reforms European Union Union européenne concurrence zone Euro euro area antitrust law integration protection trade negotiations aggregate productivity and growth loi anti-trust industrie réglée intégration protection négociations commerciales productivité globale et croissance

Find related papers by JEL classification:
F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
F15 - International Economics - - Trade - - - Economic Integration
K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
K23 - Law and Economics - - Regulation and Business Law - - - Regulated Industries and Administrative Law
O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
O50 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - General

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  1. Patrick McCloughan, 2005. "What’s Been Happening To Concentration in Irish Industry 1991-2001," The Economic and Social Review, Economic and Social Studies, vol. 36(2), pages 127-156. [Downloadable!]
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This page was last updated on 2008-11-17.


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