Symposium on Corporate Policies and Competition for Development: Seoul, Republic of Korea - September 11-13, 1991

The Korea Development Institute and the United Nations Conference on Trade and Development (UNCTAD) co-sponsored a symposium on corporate policies and competition for development to discuss restrictive business practices (RBP). Capelik believes that the problem of monopolization in the Soviet economy is very complex because the whole management structure of the economy has a monopolistic character. According to Ruishu, in the course of reform over the past decade or so, the Chinese economic system has been transformed from a centrally planned economy to a planned commodity economy. This has meant that the incidence of unfair competitive practices in conjunction with market competition has mushroomed in China in recent years. Oo noted that Myanmar (formerly Burma) has had only a very minimal experience with RBPs and that RBP control and competition policy are still in their infancy there. Davidow stressed that most developing countries, even those with relatively small private sectors, could benefit from antitrust legislation.