Skip to Main Navigation

Competition law and policy : challenges in South Asia (English)

This report focuses on the five South Asian economies that have shown the strongest interest in adopting or modifying their policies on competition: Bangladesh, India, Nepal, Pakistan, and Sri Lanka. It argues that encouraging and strengthening competition is critical for sustainable, private sector-led growth and poverty reduction. Competition policies are government measures that directly affect the extent of rivalry between enterprises and the structure of industry. Competition policies typically include both broader measures to enhance competition in local and national markets (such as liberalized trade policy, relaxed foreign investment and ownership requirements, and economic deregulation) and competition law (also referred to as antitrust or antimonopoly law) designed to prevent anticompetitive business practices by firms and unnecessary government intervention in the market place. It is in the interest of every South Asian country to adopt and effectively enforce an appropriate competition law. In addition, South Asian economies need to take credible steps to implement a more explicit, broader competition policy to attract more investment (domestic and foreign) and develop their national competitiveness.

Details

  • Author

    Dutz, Mark, Khemani, R.Shyam

  • Document Date

    2007/03/01

  • Document Type

    Working Paper

  • Report Number

    45281

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    South Asia,

  • Region

    South Asia,

  • Disclosure Date

    2010/07/01

  • Disclosure Status

    Disclosed

  • Doc Name

    Competition law and policy : challenges in South Asia

  • Keywords

    Competition Law;market power;competition policy;application of competition law;trade and investment policy;implementation of competition law;level of market concentration;cost of transport service;legal and regulatory framework;competition in product markets;effective competition;barrier to competition;barrier to entry;institutional infrastructure;access to finance;Access to Electricity;access to capital;restrictive business practices;international good practice;competition policy implementation;vested interests;credit information registry;safe drinking water;economies of scope;Sustainable Economic Development;countries competition agency;competitive financial market;foreign direct investment;benefits of competition;public credit registry;abuse of dominance;behavior of firms;national competition law;lower entry barrier;competition law enforcement;impediments to competition;financial market structure;lack of equipment;legislation and regulation;market to competition;weak corporate governance;product market competition;access to communication;right of creditor;intellectual property rule;competitive private sector;Oil & Gas;competitive business environment;Oil and Gas;access to information;large public enterprise;intensity of competition;real estate market;form of commitment;law and regulation;government and business;restrictions on entry;markets where competition;development of competition;formal sector worker;measures of effectiveness;promoting competition;competition authority;competition advocacy;mature market;business infrastructure;local market;investment climate;business service;contract enforcement;enterprise survey;antitrust enforcement;government intervention;infrastructure service;public policy;competitiveness index;competitive market;local input;labor regulation;executive branch;procedural requirement;economic reform;automobile industry;legal framework;Market Dominance;civil society;government action;political support;advocacy effort;business conduct;political will;world economy;regional competition;entrepreneurial activity;national market;rent seeking;anticompetitive conduct;competition legislation;shareholder control;regulatory burden;physical infrastructure;illegal business;power supply;customs enforcement;generator capacity;political influence;competitive level;legal mandate;monopoly rent;Political Economy;trade costs;healthy competition;geographic market;road quality;response rate;mobile telephone;efficient port;enterprise operation;product quality;labor problem;soft drink;corporate control;liberalizing trade;quantitative assessment;industrial economy;competitive effect;financial regulation;transportation facility;Technology Transfer;financial service;transportation operation;information dissemination;foreign investor;government regulation;court delay;data network;information service;Anticompetitive Regulation;regulatory oversight;bureaucratic barriers;tax inspector;consumer protection;electricity access;public voice;import procedure;fixed line;commercial contract;economic efficiency;call center;negative correlation;veto power;excessive profit;interregional trade;flexible access;public monopoly;private monopoly;market practice;Social Welfare;applicable law;world price;ownership concentration;industrial groups;financial advantage;government service;economic crisis;poverty alleviation;international market;consumer welfare;empirical evidence;global development;informed opinion;independent media;increased investment;intense competition;price range;commercial interests;minimum capital;increase growth;interest group;corrupt bureaucrats;Macroeconomic Management;consumer association;government bureaucracy;global competition;political connections;trade companies;public governance;antimonopoly law;formal employment;single shareholder;economic market;administrative capacity;industrial structure;competition reform;existing knowledge;increase productivity;market economy;international dimension;economic stability

Downloads

COMPLETE REPORT

Official version of document (may contain signatures, etc)

  • Official PDF
  • TXT*
  • Total Downloads** :
  • Download Stats
  • *The text version is uncorrected OCR text and is included solely to benefit users with slow connectivity.

Citation

Dutz, Mark Khemani, R.Shyam

Competition law and policy : challenges in South Asia (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/216041468101344634/Competition-law-and-policy-challenges-in-South-Asia