Competition Policy Macro-economic Policies (Regulation, Trade, Investment) Competition (Anti-Trust) Law Promote Deregulation and Trade Liberalization Prevent.

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Presentation transcript:

Competition Policy Macro-economic Policies (Regulation, Trade, Investment) Competition (Anti-Trust) Law Promote Deregulation and Trade Liberalization Prevent Anti-Competitive Conduct Fosters Mobility of Resources, Competitive Environment, Economic Efficiency, and Consumer Welfare, by Maintaining and Encouraging the Process of Competition.

Competition Law: Objectives and Instruments Economic Efficiency Policy Objectives Public Benefit/Interest Structural Policy Instruments Behavioral

Alternative Approaches to Competition Law Economic Efficiency Public Interest Behavioral Structural Benefits of policy consistency and consumer welfare Flexible Dangers of policy inconsistencies and vested interest interference Rigid Instruments Objectives STRIVE FOR THIS

Investigation and Prosecution by Government Department or Agency Competition Law: Administration and Enforcement Appeal Rights (Higher Courts) Adjudication, Imposition of Fines or Civil Damages (Court/ Special Tribunal) Private Actions Complaints or Government Initiative