Preventing Market Abuses and Promoting Economic Efficiency, Growth and Opportunity

Abstract

Effective competition law and policy are critical to achieving greater levels of economic efficiency, growth, employment and living standards. Pro-competitive reform and sound competition law enforcement have delivered dramatic price reductions, a proliferation of new products, superior quality and service and enhanced innovation wherever they have been embraced. Perhaps more importantly, they have strong links with key pillars of economic growth and development such as investment, governance, the cultivation of an entrepreneurial class, privatisation and trade. Achieving a better appreciation and understanding of these benefits and links is essential to making continued progress in removing ...