1945

At the end of the twentieth century the national competition authorities from the most developed economies in the world developed assessment and measurement processes to gauge the economic impact of their activities and respond to questions about public spending in relation to the defence of competition. The difficulty of this task led to the use of multiple approaches and methodologies in order to address the situation. A problem arose in the sense that multiple methodologies provided numerous results that were difficult to compare between each other, making it difficult to gauge these results in comparative terms. The intention had been to harmonize all methodologies utilised by countries that stood out in terms of their own competition policies, with international organisations working towards the preparation of a common methodology that would function as a point of reference for national authorities that had already initiated assessment processes. The contribution of the OECD (2014b) is particularly noteworthy in this respect.

Related Subject(s): Economic and Social Development
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