World Bank Publications
Competition Law and Regional Economic Integration: An Analysis of the Southern Mediterranean Countries
Competition Law and Regional Economic Integration: An Analysis of the Southern Mediterranean Countries
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Competition authorities in the MPs should develop a realistic enforcement agenda and ensure that the limited resources of these authorities are used in the most effective manner possible. In addition, this study addresses the issue of regulatory convergence between the EU and the MPs in the field of competition law, that is whether the MPs should align their competition rules with European Community competition rules. It argues that while such convergence would bring a series of benefits to both the EU and the MPs, it would also involve costs. The study thus argues in favor of a prudent approach whereby the transposition of EC competition rules would be based on the local circumstances of each country. In its final part, this study proposes a series of steps that could be taken by the European Union and its Mediterranean Partners to strengthen competition policy in the region, including proposals for technical assistance in the field of competition.
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