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COMPETITION POLICY
Clients: World Bank, Australian Competition and Consumer Commission

The OECD has noted that competition policy is central to regulatory reform, because its principles and analysis provide a benchmark for assessing the quality of economic and social regulations, as well as motivate the application of the laws that protect competition. Moreover, as regulatory reform stimulates structural change, vigorous enforcement of competition policy is needed to prevent private market abuses from reversing the benefits of reform. Competition law principles are being increasingly applied by governments in shaping markets and opening opportunities for entry.

Jacobs and Associates has extraordinary experience in competition law and policy issues.
  • Director Michael Wise is among the most knowledgeable experts on the design and implementation of modern competition policy regimes. He has conducted detailed reviews of national competition policy in 21 OECD countries since 1998, as part of the OECD's regulatory review program. He speaks widely on competition policy issues. The competition law and policy reports for the countries reviewed by the OECD can be downloaded at http://www.oecd.org/EN/countrylist/0,,EN-countrylist-2-nodirectorate-no-no-1160-2,00,00.html.
  • Director Jong Seok Kim is a competition policy expert who has written widely in the field and served as Chair of the Policy Evaluation Committee of the Korean Fair Trade Commission.
Competition policy in Senegal and Mauritania

Client: World Bank

As part of the Jacobs and Associates review of regulatory reform and poverty reduction in Mauritania and Senegal, we reviewed the potential contribution of competition law and policy, and the effectiveness of existing institutions in fulfilling that potential. We recommended that, as domestic markets develop, the governments should promote attention to competition principles by clarifying the role of government intervention, eliminating special preferences, and focusing on market abuses. We made specific suggestions on how this could be done.

Comparative treatment of issues in mergers and monopolization.

Client: Australian Competition and Consumer Commission

Director Michael Wise prepared a report in 2002 for the ACCC about the comparative treatment in different jurisdictions of several controversial issues in competition enforcement today, about mergers and monopolization.

Viet Nam’s competition policies

Client: Central Institute for Economic Management (CIEM), Ministry of Planning and Investment, Vietnam

Director Michael Wise worked with CIEM to develop a better understanding of how issues addressed by competition policy are perceived and treated in Viet Nam. He presented papers about issues in Viet Nam’s policies about competition at a two-day public seminar in Hanoi in August 2001 and another seminar at CIEM in November 2001. He advised that market actors must be put on a firm and consistent footing so the price mechanism can work (for the valuation of firms and their assets, as well as for pricing their products).

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