HAL will be down for maintenance from Friday, June 10 at 4pm through Monday, June 13 at 9am. More information
Skip to Main content Skip to Navigation
Reports

Competition and Regulation in the Arab Region

Abstract : [Abstract: Competition policy and regulation are essential components of economic systems at the national, regional and global levels. In Arab countries, however, heavily concentrated and inefficient economies, collusion, centralization of economic power among a few elites and general rent-seeking behaviour have aggravated challenges to the adoption and enforcement of competition and antitrust laws, thereby hindering the improvement of inefficient market structures and economic governance systems. The Arab region needs effective antitrust and competition laws and well-functioning market regulators to enhance the business environment, foster investments and improve economic performance and growth. This report reviews the current state of competition policy and regulation in the Arab region. Noting that the adoption of competition laws in the Arab region is recent compared with other regions, the report identifies challenges to effective enforcement of competition and antitrust laws and market regulators, which include, among others, lack of adequate policy drafting, complexity of competition law, institutional structure, collusion and corruption. It stresses the importance of political economy reform in the Arab region, emphasizing that the adoption and enforcement of competition laws contribute to promoting inclusive growth and development and reducing poverty. The report offers policy recommendations taking into account existing initiatives of international partners and the different stages of competition and regulation policy development in the Arab countries.]
Document type :
Reports
Complete list of metadata

https://hal-sciencespo.archives-ouvertes.fr/hal-03398954
Contributor : Spire Sciences Po Institutional Repository Connect in order to contact the contributor
Submitted on : Saturday, October 23, 2021 - 4:28:09 PM
Last modification on : Monday, February 14, 2022 - 4:20:02 PM

Identifiers

Collections

Citation

Dina Waked, Denise Sumpf. Competition and Regulation in the Arab Region. [Research Report] United Nations Economic and Social Commission for West Asia. 2015. ⟨hal-03398954⟩

Share

Metrics

Record views

16