Organization for Economic Cooperation and Development

Published in Oct 01, 2021 04:33 PM Updated in Oct 01, 2021 05:08 PM

Organization for Economic Cooperation and Development

OECD

The Organization

The Organization for Economic Cooperation and Development – OECD was established in 1960 and now has about 30 members from Europe, the Americas, Asia and Oceania. It also maintains relations with more than 70 non-member countries. The OECD is structured in several directories subdivided into committees that meet regularly in the Organization’s headquarters, located in Paris, France. They work mainly in the social and economic area, approaching subjects such as macroeconomics, trade, development, education, science and innovation.

OECD's main objectives focus on enhancing and promoting good state and corporate governance, social development and economic growth, through institutional and political cooperation, as well the use of monitoring mechanisms.

To achieve these objectives, the organization uses mechanisms such as the negotiation of multilateral documents, conducting researches and statistics, regular meetings, exchange of experiences and best practices and peer reviews.

Competition

The responsible body for competition in the OECD is the Competition Committee – COMP of the Directorate for Financial and Enterprise Affairs – DAF. The Competition Committee has two working groups: Working Party No. 2 on Competition and Regulation and the Working Party No. 3 on Cooperation and Enforcement, which meet twice a year. The Global Forum on Competition meets once a year.

Competition Committee

The Competition Committee – COMP was created in 1961 and it is open to all member countries and some non-members, whose participation is recognized as observers, participants or associates: South Africa, Brazil, Slovenia, Indonesia, Israel, Lithuania, Romania, Russia and Taiwan, among others.

COMP’s Objectives

• Monitor and review the development of competition policy and legislation in countries and international organizations;

• Review and analyze policy issues and competition law, taking into account the interaction between competition and other governmental policies;

• Promote cooperation between members in the development and implementation of policies and competition law;

• Cooperate with other organization's committees on issues related to competition;

• Exchange information on competition issues arising in other fora;

• Report and make recommendations to the OECD’s Council (composed of the representatives of Member States) on issues related to the competencies of the Committee.

The Committee meets twice a year, in events denominated "Competition Week". In those events, there are meetings of the Committee, the Working Groups, and, once a year, the Global Forum on Competition.

In the Global Forum on Competition, there are participants from competition authorities of the member states, non-members, observers and non-governmental organizations (totaling about 150 entities). Discussion topics are previously suggested during the meetings of the Committee, among those more relevant to developing countries.

The Committee also organizes the Latin American and Caribbean Forum on Competition – LACCF, in cooperation with the Inter-American Development Bank (IADB). This forum addresses topics of regional interest and discusses peer reviews of countries of the region.

Working Party No.2 on Competition and Regulation – WP2

The Working Party No. 2 was established in 1994, to deal with competition and regulation. Participates in it member states and the following non-member countries: Argentina, Brazil, Israel, Lithuania, Russia, Taipei, UNCTAD, WTO, among others.

The objectives of the WP2 are: review, analyze and make recommendations on competition issues related to the creation, operation, reform and dismantling of sectorial or long economic range regulatory regimes.

Working Party No.3 on Co-operation and Enforcement – WP3

The Working Party No.3 was established in 1964, to deal with topics related to cooperation and enforcement. Participates in it member states and the following non-member countries: Argentina, Brazil, Israel, Lithuania, Russia, Taipei, UNCTAD, WTO, among others.

Its objectives are related to two main topics:

1. Merger Control Procedures:

• Increase the effectiveness of cooperation in the review of transnational mergers;

• Identify gaps, differences, convergences and possible areas of development;

• Identify and try to reduce unnecessary regulatory costs for companies and regulatory authorities.

2. Classic cartels (Hardcore Cartels):

• Increase cooperation and exchange of information between competition agencies;

• Develop and promote practices and effective instruments of enforcement;

• Increase public awareness of the harm caused by cartels.

In addition, the group promotes panels to review and discuss other areas of cooperation and competition law enforcement, conducts periodic reviews of the recommendations of the Council, and identify areas that could be strengthened. It also cooperates with other international organizations that have interests in other competition Issues.

Annual Report on Competition Policy Developments in Brazil - 2014

Annual Report on Competition Policy Developments in Brazil - 2013

Annual Report on Competition Policy Developments in Brazil - 2012

Annual Report on Competition Policy Developments in Brazil – 2011

Annual Report on Competition Policy Developments in Brazil – 2010

Annual Report on Competition Policy Developments in Brazil – 2009

Annual Report on Competition Policy Developments in Brazil – 2008

Annual Report on Competition Policy Developments in Brazil – 2007

Annual Report on Competition Policy Developments in Brazil – 2006

Annual Report on Competition Policy Developments in Brazil - 2005

Annual Report on Competition Policy Developments in Brazil - 2004

Annual Report on Competition Policy Developments in Brazil - 2003