We have been asked to open up our economies to competition from wealthier international companies with which our domestic companies have a hard time competing.

Difficulties of developing countries in enforcing competition laws, including in cases with international elements, and the application of competition laws to cross border anticompetitive practices

Difficulties of developing countries in enforcing competition laws, including in cases with international elements, and the application of competition laws to cross border anticompetitive practices The long term economic benefits of an effective competition policy, in particular its contribution to the growth and export competitiveness of developing countries

Is such competition a fact of life or would countries be better off competing on fundamentals?

Since competition laws and policy represented an extremely multidimensional and complicated issue, more international organizations would be involved in its consideration in the years to come.

New actors mean stiffer competition.

They pointed to the historical adaptability of competition policies, and argued that competition advocacy would be difficult to conceive in the absence of an autonomous competition agency.

What we are demanding is a more level playing field.

GLOBALIZATION, COMPETITION, COMPETITIVENESS AND DEVELOPMENT

Children became more competent, and less helpless.

Competition between sectors can be expected to become more intense.

(a) A meeting on competition law and policy, as called for in the report of the Expert Meeting on Competition Law and Policy

programmes on competition law and policy

There is a trade off between competition and stability. Indeed, greater competitive pressure may increase the fragility of banks balance sheets and make investors more prone to panics.

So had they contested a larger number of the seats, they would have done even better.

Meeting of Experts on Competition Law and Policy 13 15 November

Competition law and policy formulation in Malawi

Expert Meeting on Competition Law and Policy 24 26 November

Recently, it has been suggested that innovation based competitiveness, at the level of the enterprise, will yield more long term sustainable competitiveness than traditional cost based competitiveness.

It is a free competition, but is it also fair?

The only way Western economies will be able to compete and improve their standard of living is by seeing themselves as being involved in a race to the top. That is, firms must improve their value added through innovation in existing industries, and by developing the capability to compete in new and more sophisticated industries, where value added is generally higher.

However, the possible trade offs it may involve with competition are greater than in the case of static efficiency, and evaluation of them is also more difficult because dynamic efficiency is hard to measure or predict.

There is more competition for Government backed money.

Further requests the UNCTAD secretariat to continue publishing the following documents

Related Financial Issues

First is the development of a competition culture an understanding by the public of the benefits of competition and broad based support for a strong competition policy.

The linkages between globalization, competitiveness, competition and development were better understood as a result of the deliberations of the high level segment of the session.

Competition law and policy and its benefits for the alleviation of poverty

An addition, a new Competition Act has been enacted to enhance competition.

Trade liberalization also means more competition internationally.

7. The process of developing competition policy and law in Malawi was initiated with the First National Symposium on Competition Policy and Legislation (June 1996).

Report of the Intergovernmental Group of Experts on Competition Law and Policy

One, competition.

The Competition Factor

Rival?

No competition.

EMPIRICAL EVIDENCE OF THE BENEFITS FROM APPLYING COMPETITION LAW AND POLICY PRINCIPLES TO ECONOMIC DEVELOPMENT IN ORDER TO ATTAIN GREATER EFFICIENCY IN INTERNATIONAL TRADE AND DEVELOPMENT

A Competition Commission is established at the regional level to apply competition rules in respect of anti competitive cross border business conduct, promote competition in the Community and coordinate the implementation of the Community Competition Policy it is to collaborate on enforcement with national competition authorities.

Segment for high level participation Globalization, competition, competitiveness and development 2

Competition law and competition authority could be introduced in due course.

(a) Endorses the recommendations of the Expert Meeting on Competition Law and Policy

Through these campaigns, competition authorities stimulate a culture of competition and make the public realize how harmful anti competitive practices are.

At the same time, it is important to give new entrants and smaller players reassurance that they too can enter and function profitably in markets that were previously difficult to enter because of anti competitive practices.

For this to occur, competition agencies needed to protect competition rather than competitors and should be given considerable autonomy.

The liberalization policies under way will further sharpen the competition in the industry.