A PYMNTS Company

The Effectiveness of Competition Authorities: Four Questions

By  |  September 9, 2014

Roderick Meiklejohn, Sep 11, 2014

When comparing national competition authorities, four questions arise: How great is the risk that the government’s powers of appointment could be used to “capture” the competition agency? What are the minimum resources needed to enable a competition authority to function effectively in a developed country? Does the ability to impose sanctions on individuals, as well as companies, significantly enhance the effectiveness of national competition authorities? What are the advantages and disadvantages of charging competition authorities with responsibilities in other, related policy areas as in Germany and the United Kingdom — Are there significant synergies — Is there a danger that priorities will be unclear? The aim of the present article is to discuss, with reference to a wide range of countries, considerations that are relevant to answering these questions.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    Subscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.