Wider benefits of competition policy and enforcement
A review of recent evidence on the deterrent effects of competition policy and enforcement, and its wider impacts on growth and productivity.
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This review summarises recent evidence on the deterrent effect of competition authorities’ work and the relationship between competition and productivity. This builds on previous reports on these topics published in 2017 and 2015 respectively.
The review finds new evidence continues to support those previous reports. We identify additional evidence of the existence of a substantial deterrent effect from enforcement action and merger control. We also find further evidence that effective competition policy has positive impacts on innovation, productivity and growth.