Product Market Competition and Economic Performance in Iceland = Concurrence sur les marchés de produits et performance économique en l'Islande
This paper discusses the current state of product market competition in Iceland, including the legal and regulatory framework, and suggests directions for further improvement. Given the size of the economy, efficiency considerations dictate high concentration in many markets, and preventing abuse of...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2005
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Schriftenreihe: | OECD Economics Department Working Papers
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Online-Zugang: | EUV01 FFW01 FHN01 FHR01 FNU01 FRO01 TUM01 UBA01 UBG01 UBR01 UBW01 UEI01 UER01 UPA01 FHI01 UBM01 URL des Erstveröffentlichers |
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Zusammenfassung: | This paper discusses the current state of product market competition in Iceland, including the legal and regulatory framework, and suggests directions for further improvement. Given the size of the economy, efficiency considerations dictate high concentration in many markets, and preventing abuse of market dominance is therefore a challenging task. Changes to competition law since the early 1990s have strengthened competitive forces in many sectors of the economy, and proposed amendments to that law would further improve market surveillance. The changes in the regulatory framework for telecommunications have helped vigorous competition to develop in most segments, but there remain problems in pricing of access to the local loop. In the still publicly owned electricity sector, however, competition in generation and sales is so far virtually non-existent despite new legislation. Other policies discussed include agricultural support, policies towards foreign direct investment, and public procurement and provision of publicly funded services |
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Beschreibung: | 1 Online-Ressource (39 Seiten) 21 x 29.7cm |
DOI: | 10.1787/605284451863 |