COMMONALITIES AND EMERGING ISSUES: COURSE FOR THE FUTURE by Philippe Brusick Chairman, CUTS GRC.
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Transcript of COMMONALITIES AND EMERGING ISSUES: COURSE FOR THE FUTURE by Philippe Brusick Chairman, CUTS GRC.
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COMMONALITIES AND EMERGING ISSUES: COURSE FOR THE FUTURE
by
Philippe Brusick
Chairman, CUTS GRC
![Page 2: COMMONALITIES AND EMERGING ISSUES: COURSE FOR THE FUTURE by Philippe Brusick Chairman, CUTS GRC.](https://reader035.fdocuments.us/reader035/viewer/2022080914/56649f475503460f94c699be/html5/thumbnails/2.jpg)
COMMONALITIES AND EMERGING ISSUES: COURSE FOR THE FUTURE
CONTENTS
• Concerns before adoption of the Law
• Difficulties after adoption of the Law
• Institutional Problems
• Emerging Issues
• Course for the Future
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COMMON CONCERNS BEFORE ADOPTION OF A COMPETITION LAW
• The market is too small for competition
• Need to protect domestic firms and local employment
• Cartels can preserve local markets viz FDI
• Competition Law will scare FDI
• Merger control weakens local firms viz multinationals
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DIFFICULTIES AFTER ADOPTION OF COMPETITION LAW
• Long delays before creating the Competition Authority
• Budgetary and other constraints
• Lack of « independence » from Government
• Difficult interaction with Sector Regulators
• Confusion between Competition rules and « unfair competition »
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INSTITUTIONAL PROBLEMS
• Role-sharing between Directorate General at Ministry and Competition Authority
• Lack of appropriate financing of CA
• Lack of powers of the CA
• Weak Priorities and unclear Objectives
• Lack of public visibility and understanding
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EMERGING ISSUES
• Conflicting roles between Regional and national Competition authority
• Changes of Government
• Changed Economic circumstances
• Priorities in Financial and Economic crisis
• « Too big to fail » companies
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COURSE FOR THE FUTURE
• Creating public awareness
• The role of the Media with public opinion
• Civil Society and Consumer Protection
• Role of Regional Trade Agreements
• Role of Multilateral Trade Negotiations
• Capacity building and Technical assistance
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THANK YOU FOR YOUR ATTENTION
www.prbrusick.org