Chile: OECD finds snags in competition regulation

The Organization for Economic Cooperation and Development (OECD) has financed a study evaluating and listing a series of recommendations, intended to improve the process through which the State can formulate, analyse and apply regulations, hoping to find a background history for the debate on how to increase the quality of regulators. The results will be handed over by the Secretary General of the International rich-country club, Mr. José Ángel Gurría.

The conclusions reached by the study will be very important to the Executive, as they support the government’s intentions of improving the efficiency of regulations and public services, as stated by the Agenda for Productivity, Innovation and Growth.

The report identifies a series of ‘snags’ and shortcomings to the competition law, and will help create new proposals for regulations that will allow markets to be more competitive and effective. The report is likely to elaborate deeply in contemporary matters.

Full Content: La Tercera

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