Competition Assessment Toolkit
Send Print Increased competition can improve a country’s economic performance, open business opportunities to its citizens and reduce the cost of goods and services throughout the economy. But numerous laws and regulations restrict competition in the marketplace. Many go further than necessary to achieve their policy objectives. Governments can reduce unnecessary restrictions by considering the use of methods in the OECD’s new “Competition Assessment Toolkit”. The Toolkit provides a general methodology for identifying unnecessary restraints and developing alternative, less restrictive policies that still achieve government objectives. One of the main elements of the Toolkit is a Competition Checklist that asks a series of simple questions to screen for laws and regulations that have the potential to unnecessarily restrain competition. This screen focuses limited government resources on the areas where competition assessment is most needed.