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Product Market Competition in the OECD Countries: Taking Stock and Moving Forward

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Author Info
Jens Høj
Miguel Jimenez
Maria Maher
Giuseppe Nicoletti
Michael Wise

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Abstract

Based on 18 country reviews performed over the 2003-2005 period, this paper examines, the cross-country differences in policy approaches to product market competition and their consequences for product market rents. Against this background, the paper summarises OECD recommendations to further strengthen competition in various sectors and areas. These include: removing remaining barriers to trade and inward foreign direct investments; better securing deterrence of cartels through effective sanctions; facilitate market access to inherently competitive industries by easing zoning laws (the retail sector), abolishing reserved monopolies (sales of tobacco and alcohol), limiting the scope of trade associations’ self-regulation and easing residency or nationality requirements (professional services); meet competition challenges in network industries by facilitating the effective separation of monopoly components from competitive activities, reducing public ownership, clearly separating the government’s ownership and regulatory functions and creating the right incentives for investing in infrastructures.

Concurrence dans les marchés des produits des pays de l’OCDE : bilan et perspectives
Ce document est basé sur 18 études économiques de l’OCDE menées entre 2003 et 2005. Il examine les différences entre pays dans les politiques de la concurrence ainsi que leur conséquences sur les caractéristiques des marchés de produits. Sur cette base, le document propose une synthèse des recommandations de l’OCDE pour renforcer la concurrence dans différents domaines et secteurs économiques. Celles-ci comprennent: la suppression des barrières commerciales et aux investissements directs étrangers encore en place; une meilleure dissuasion des stratégies de cartel à l’aide de sanctions plus efficaces; un accès plus aisé aux activités concurrentielles en assouplissant les régulations concernant l’aménagement du territoire (commerce de détail), la suppression de certains monopoles (vente de tabac et d’alcool), la limitation des prérogatives des associations professionnelles dans le domaine règlementaire ainsi que l’assouplissement des obligations de résidence ou de nationalité (professions libérales) ; et un meilleur essor de la concurrence dans les industries de réseau par la séparation des activités en situation de monopole des activités concurrentielles, la réduction du degré de contrôle public, notamment en distinguant clairement les fonctions de tutelle des fonctions de régulation sectorielle et en mettant en place les bonnes incitations à l’investissement en infrastructures.

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File URL: http://dx.doi.org/10.1787/108734233645
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Publisher Info
Paper provided by OECD, Economics Department in its series OECD Economics Department Working Papers with number 575.

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Date of creation: 17 Sep 2007
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Handle: RePEc:oec:ecoaaa:575-en

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Related research
Keywords: network industries; industrie de réseau; trade policy; politique commerciale; competition law; droit de la concurrence; OECD countries; market imperfections; antitrust issues and policies; inherently competitive sectors; pays membres de l'OCDE; défaillances de marché; régulations anti-trust; secteurs concurrentiels;

Find related papers by JEL classification:
D43 - Microeconomics - - Market Structure and Pricing - - - Oligopoly and Other Forms of Market Imperfection
F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
L4 - Industrial Organization - - Antitrust Issues and Policies
L8 - Industrial Organization - - Industry Studies: Services
L9 - Industrial Organization - - Industry Studies: Transportation and Utilities

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  1. Mourinho Félix, Ricardo & Almeida, Vanda & Castro, Gabriela, 2008. "Improving competition in the non-tradable goods and labour markets: the Portuguese case," MPRA Paper 13945, University Library of Munich, Germany. [Downloadable!]
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