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The CMA needs you: a review of current literature on the deterrent effect of competition enforcement to stimulate further research
On 7 September 2017 CMA published a literature review entitled “The deterrent effect of competition authorities’ work” that considers current research on the indirect benefits that consumers receive as a result of competition authorities’ interventions and, more importantly, how such benefits can be quantified. Having the ability to accurately measure both the direct and indirect effectiveness of enforcement is crucial to developing regulation. The review provides a welcome reflection on current practice.
Also in this newsletter
- ECJ rules that only ‘full-function’ joint ventures need EU clearance
- CMA publishes updated guidance on merger process
- Six Chinese PVC manufacturers fined by the NDRC for price fixing
Competition & Regulatory Newsletter (06 Sep - 19 Sep 2017)