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Pro-competitive industrial policy

Oecd

No 309, OECD Roundtables on Competition Policy Papers from OECD Publishing

Abstract: Recent global developments, and a number of serious crises, have led to large government interventions in many jurisdictions, driving a debate on whether there is a need to rethink the role of industrial policy in modern economies. This paper explores how to use industrial policy and make it pro-competitive. Competition authorities can play a crucial role in strengthening the impact of industrial policy: by ensuring that competition principles remain a cornerstone of carefully designed industrial policy. Moreover, competition enforcement keeps markets more competitive, laying a good foundation for industrial policy.

Date: 2024-05-22
New Economics Papers: this item is included in nep-com, nep-ind and nep-reg
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