SlideShare a Scribd company logo
SUBSIDIES, COMPETITION AND
TRADE
Presentation of the OECD Background paper
Wouter Meester
OECD Competition Division
GFC Session II – 1 December 2022
• Subsidies: more relevant than ever
• Different instruments exist
– Multilateral rules
– FTAs and trade blocs
– Competitive neutrality / State Aid control
– Competition enforcement
– New legal instruments
Relevance of subsidies
2
• Financial power (“deep pockets”) that:
1. may create, maintain, or enhance dominance
2. may facilitate harmful conduct (predatory pricing)
• Subsidies can:
affect cost/revenue structure, strategic decisions
provide economies of scale
Enable international/foreign expansion
• Relevance for mergers and abuse of dominance
Theory: competition concerns
3
• Subsidies have played a modest role to date
• Subsidy offense / defense
• Ability and incentive to engage in predatory
pricing
Ability – financial indicators, cost structure
Incentive – history of law violations, ownership
structure, recoupment
• Financial strength has been a contributing,
rather than a decisive factor to potential
dominance
Practice: existing case law (mergers)
4
• Again, cases have been rare
• Mostly related to cross-subsidization
• Use of government financing for a public service
obligation (PSO) to expand its competitive
activities
• Overcompensation by the government becomes
a de facto subsidy
• Example: postal sector
Practice: existing case law (abuse)
5
• Establishing the existence of subsidies is not
straightforward
• Acquisitions by subsidised SOEs can create
specific issues with regards to merger control
• Subsidies complicate the determination of the
relevant cost-measure to establish predatory
pricing
• Recoupment not always relevant
Some challenges
6
Thank you
For more information:
https://oe.cd/sctr
7

More Related Content

Similar to Subsidies, competition and trade – OECD SECRETARIAT – December 2022 OECD discussion

Key not speech on success.ppt
Key not speech on success.pptKey not speech on success.ppt
Key not speech on success.ppt
etebarkhmichale
 
Group discussion
Group discussionGroup discussion
Group discussion
The Forests Dialogue
 
Strategic policy analysis guthiga 11.04.2012
Strategic policy analysis guthiga 11.04.2012Strategic policy analysis guthiga 11.04.2012
International Business Management Summary by k.jeetun BSc(Hons) Management
International Business Management  Summary  by k.jeetun BSc(Hons) Management International Business Management  Summary  by k.jeetun BSc(Hons) Management
International Business Management Summary by k.jeetun BSc(Hons) Management
Karishma Jeetun
 
Business environment
Business environmentBusiness environment
Business environment
Ujjwal 'Shanu'
 
State aid workshop - London, September 2017
State aid workshop - London, September 2017State aid workshop - London, September 2017
State aid workshop - London, September 2017
Browne Jacobson LLP
 
Public Finance slides.pptx
Public Finance slides.pptxPublic Finance slides.pptx
Public Finance slides.pptx
Bedri Muktar
 
MaFI Subsidies Discussion Paper
MaFI Subsidies Discussion PaperMaFI Subsidies Discussion Paper
MaFI Subsidies Discussion Paper
MaFI (The Market Facilitation Initiative)
 
Competition Policy in Smaller Economies: Balancing Regulation & Investment
Competition Policy in Smaller Economies: Balancing Regulation & InvestmentCompetition Policy in Smaller Economies: Balancing Regulation & Investment
Competition Policy in Smaller Economies: Balancing Regulation & Investment
Martyn Taylor
 
Regulatory Impact Analysis Lectures (Law & Econ Course) 2013
Regulatory Impact Analysis Lectures (Law & Econ Course) 2013Regulatory Impact Analysis Lectures (Law & Econ Course) 2013
Regulatory Impact Analysis Lectures (Law & Econ Course) 2013
William Byrnes
 
Regulatory Impact Analysis - Law & Economics course
Regulatory Impact Analysis - Law & Economics courseRegulatory Impact Analysis - Law & Economics course
Regulatory Impact Analysis - Law & Economics course
William Byrnes
 
Political forces affecting international business
Political forces affecting international businessPolitical forces affecting international business
Political forces affecting international business
Mis bah
 
Ibm unit - i
Ibm   unit - iIbm   unit - i
Ibm unit - i
mailforyuva
 
International business notes Chapter 7
International business notes Chapter 7International business notes Chapter 7
International business notes Chapter 7
Sumit Palwe
 
Business environment
Business environmentBusiness environment
Business environment
Ujjwal 'Shanu'
 
The Illusory Lure of “Good Governance” and the hard realities of growth in po...
The Illusory Lure of “Good Governance” and the hard realities of growth in po...The Illusory Lure of “Good Governance” and the hard realities of growth in po...
The Illusory Lure of “Good Governance” and the hard realities of growth in po...
DIIS - Danish Institute for International Studies
 
Financial Crisis
Financial CrisisFinancial Crisis
Financial Crisis
guest530220
 
Lecture 8 - Financial System
Lecture 8 - Financial SystemLecture 8 - Financial System
Lecture 8 - Financial System
Ryan Herzog
 
HSA 550 – Homework 1Due Week 2 and worth 34 pointsDirect.docx
HSA 550 – Homework 1Due Week 2 and worth 34 pointsDirect.docxHSA 550 – Homework 1Due Week 2 and worth 34 pointsDirect.docx
HSA 550 – Homework 1Due Week 2 and worth 34 pointsDirect.docx
wellesleyterresa
 
Analysing the issue of mis selling of financial products in the uk
Analysing the issue of mis selling of financial products in the ukAnalysing the issue of mis selling of financial products in the uk
Analysing the issue of mis selling of financial products in the uk
Service_supportAssignment
 

Similar to Subsidies, competition and trade – OECD SECRETARIAT – December 2022 OECD discussion (20)

Key not speech on success.ppt
Key not speech on success.pptKey not speech on success.ppt
Key not speech on success.ppt
 
Group discussion
Group discussionGroup discussion
Group discussion
 
Strategic policy analysis guthiga 11.04.2012
Strategic policy analysis guthiga 11.04.2012Strategic policy analysis guthiga 11.04.2012
Strategic policy analysis guthiga 11.04.2012
 
International Business Management Summary by k.jeetun BSc(Hons) Management
International Business Management  Summary  by k.jeetun BSc(Hons) Management International Business Management  Summary  by k.jeetun BSc(Hons) Management
International Business Management Summary by k.jeetun BSc(Hons) Management
 
Business environment
Business environmentBusiness environment
Business environment
 
State aid workshop - London, September 2017
State aid workshop - London, September 2017State aid workshop - London, September 2017
State aid workshop - London, September 2017
 
Public Finance slides.pptx
Public Finance slides.pptxPublic Finance slides.pptx
Public Finance slides.pptx
 
MaFI Subsidies Discussion Paper
MaFI Subsidies Discussion PaperMaFI Subsidies Discussion Paper
MaFI Subsidies Discussion Paper
 
Competition Policy in Smaller Economies: Balancing Regulation & Investment
Competition Policy in Smaller Economies: Balancing Regulation & InvestmentCompetition Policy in Smaller Economies: Balancing Regulation & Investment
Competition Policy in Smaller Economies: Balancing Regulation & Investment
 
Regulatory Impact Analysis Lectures (Law & Econ Course) 2013
Regulatory Impact Analysis Lectures (Law & Econ Course) 2013Regulatory Impact Analysis Lectures (Law & Econ Course) 2013
Regulatory Impact Analysis Lectures (Law & Econ Course) 2013
 
Regulatory Impact Analysis - Law & Economics course
Regulatory Impact Analysis - Law & Economics courseRegulatory Impact Analysis - Law & Economics course
Regulatory Impact Analysis - Law & Economics course
 
Political forces affecting international business
Political forces affecting international businessPolitical forces affecting international business
Political forces affecting international business
 
Ibm unit - i
Ibm   unit - iIbm   unit - i
Ibm unit - i
 
International business notes Chapter 7
International business notes Chapter 7International business notes Chapter 7
International business notes Chapter 7
 
Business environment
Business environmentBusiness environment
Business environment
 
The Illusory Lure of “Good Governance” and the hard realities of growth in po...
The Illusory Lure of “Good Governance” and the hard realities of growth in po...The Illusory Lure of “Good Governance” and the hard realities of growth in po...
The Illusory Lure of “Good Governance” and the hard realities of growth in po...
 
Financial Crisis
Financial CrisisFinancial Crisis
Financial Crisis
 
Lecture 8 - Financial System
Lecture 8 - Financial SystemLecture 8 - Financial System
Lecture 8 - Financial System
 
HSA 550 – Homework 1Due Week 2 and worth 34 pointsDirect.docx
HSA 550 – Homework 1Due Week 2 and worth 34 pointsDirect.docxHSA 550 – Homework 1Due Week 2 and worth 34 pointsDirect.docx
HSA 550 – Homework 1Due Week 2 and worth 34 pointsDirect.docx
 
Analysing the issue of mis selling of financial products in the uk
Analysing the issue of mis selling of financial products in the ukAnalysing the issue of mis selling of financial products in the uk
Analysing the issue of mis selling of financial products in the uk
 

More from OECD Directorate for Financial and Enterprise Affairs

Pro-competitive Industrial Policy – LANE – June 2024 OECD discussion
Pro-competitive Industrial Policy – LANE – June 2024 OECD discussionPro-competitive Industrial Policy – LANE – June 2024 OECD discussion
Pro-competitive Industrial Policy – LANE – June 2024 OECD discussion
OECD Directorate for Financial and Enterprise Affairs
 
Pro-competitive Industrial Policy – OECD – June 2024 OECD discussion
Pro-competitive Industrial Policy – OECD – June 2024 OECD discussionPro-competitive Industrial Policy – OECD – June 2024 OECD discussion
Pro-competitive Industrial Policy – OECD – June 2024 OECD discussion
OECD Directorate for Financial and Enterprise Affairs
 
Artificial Intelligence, Data and Competition – ČORBA – June 2024 OECD discus...
Artificial Intelligence, Data and Competition – ČORBA – June 2024 OECD discus...Artificial Intelligence, Data and Competition – ČORBA – June 2024 OECD discus...
Artificial Intelligence, Data and Competition – ČORBA – June 2024 OECD discus...
OECD Directorate for Financial and Enterprise Affairs
 
Artificial Intelligence, Data and Competition – OECD – June 2024 OECD discussion
Artificial Intelligence, Data and Competition – OECD – June 2024 OECD discussionArtificial Intelligence, Data and Competition – OECD – June 2024 OECD discussion
Artificial Intelligence, Data and Competition – OECD – June 2024 OECD discussion
OECD Directorate for Financial and Enterprise Affairs
 
Artificial Intelligence, Data and Competition – SCHREPEL – June 2024 OECD dis...
Artificial Intelligence, Data and Competition – SCHREPEL – June 2024 OECD dis...Artificial Intelligence, Data and Competition – SCHREPEL – June 2024 OECD dis...
Artificial Intelligence, Data and Competition – SCHREPEL – June 2024 OECD dis...
OECD Directorate for Financial and Enterprise Affairs
 
Artificial Intelligence, Data and Competition – LIM – June 2024 OECD discussion
Artificial Intelligence, Data and Competition – LIM – June 2024 OECD discussionArtificial Intelligence, Data and Competition – LIM – June 2024 OECD discussion
Artificial Intelligence, Data and Competition – LIM – June 2024 OECD discussion
OECD Directorate for Financial and Enterprise Affairs
 
Competition and Regulation in Professions and Occupations – OECD – June 2024 ...
Competition and Regulation in Professions and Occupations – OECD – June 2024 ...Competition and Regulation in Professions and Occupations – OECD – June 2024 ...
Competition and Regulation in Professions and Occupations – OECD – June 2024 ...
OECD Directorate for Financial and Enterprise Affairs
 
Competition and Regulation in Professions and Occupations – ROBSON – June 202...
Competition and Regulation in Professions and Occupations – ROBSON – June 202...Competition and Regulation in Professions and Occupations – ROBSON – June 202...
Competition and Regulation in Professions and Occupations – ROBSON – June 202...
OECD Directorate for Financial and Enterprise Affairs
 
Competition and Regulation in Professional Services – KLEINER – June 2024 OEC...
Competition and Regulation in Professional Services – KLEINER – June 2024 OEC...Competition and Regulation in Professional Services – KLEINER – June 2024 OEC...
Competition and Regulation in Professional Services – KLEINER – June 2024 OEC...
OECD Directorate for Financial and Enterprise Affairs
 
OECD Competition Trends 2024 - Highlights
OECD Competition Trends 2024 - HighlightsOECD Competition Trends 2024 - Highlights
OECD Competition Trends 2024 - Highlights
OECD Directorate for Financial and Enterprise Affairs
 
Use of Economic Evidence in Cartel Cases – CAMACHO – December 2023 OECD discu...
Use of Economic Evidence in Cartel Cases – CAMACHO – December 2023 OECD discu...Use of Economic Evidence in Cartel Cases – CAMACHO – December 2023 OECD discu...
Use of Economic Evidence in Cartel Cases – CAMACHO – December 2023 OECD discu...
OECD Directorate for Financial and Enterprise Affairs
 
Ex-post Assessment of Merger Remedies – KOVACIC – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – KOVACIC – December 2023 OECD discussionEx-post Assessment of Merger Remedies – KOVACIC – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – KOVACIC – December 2023 OECD discussion
OECD Directorate for Financial and Enterprise Affairs
 
Ex-post Assessment of Merger Remedies – KWOKA – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – KWOKA – December 2023 OECD discussionEx-post Assessment of Merger Remedies – KWOKA – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – KWOKA – December 2023 OECD discussion
OECD Directorate for Financial and Enterprise Affairs
 
Ex-post Assessment of Merger Remedies – FLETCHER – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – FLETCHER – December 2023 OECD discussionEx-post Assessment of Merger Remedies – FLETCHER – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – FLETCHER – December 2023 OECD discussion
OECD Directorate for Financial and Enterprise Affairs
 
Ex-post Assessment of Merger Remedies – OECD – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – OECD – December 2023 OECD discussionEx-post Assessment of Merger Remedies – OECD – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – OECD – December 2023 OECD discussion
OECD Directorate for Financial and Enterprise Affairs
 
Use of Economic Evidence in Cartel Cases – DAVIES – December 2023 OECD discus...
Use of Economic Evidence in Cartel Cases – DAVIES – December 2023 OECD discus...Use of Economic Evidence in Cartel Cases – DAVIES – December 2023 OECD discus...
Use of Economic Evidence in Cartel Cases – DAVIES – December 2023 OECD discus...
OECD Directorate for Financial and Enterprise Affairs
 
Use of Economic Evidence in Cartel Cases – ROBERTS – December 2023 OECD discu...
Use of Economic Evidence in Cartel Cases – ROBERTS – December 2023 OECD discu...Use of Economic Evidence in Cartel Cases – ROBERTS – December 2023 OECD discu...
Use of Economic Evidence in Cartel Cases – ROBERTS – December 2023 OECD discu...
OECD Directorate for Financial and Enterprise Affairs
 
Alternatives to Leniency Programmes – SERBIA – December 2023 OECD discussion
Alternatives to Leniency Programmes – SERBIA – December 2023 OECD discussionAlternatives to Leniency Programmes – SERBIA – December 2023 OECD discussion
Alternatives to Leniency Programmes – SERBIA – December 2023 OECD discussion
OECD Directorate for Financial and Enterprise Affairs
 
Alternatives to Leniency Programmes – ITALY – December 2023 OECD discussion
Alternatives to Leniency Programmes – ITALY – December 2023 OECD discussionAlternatives to Leniency Programmes – ITALY – December 2023 OECD discussion
Alternatives to Leniency Programmes – ITALY – December 2023 OECD discussion
OECD Directorate for Financial and Enterprise Affairs
 
Out-of-Market Efficiencies in Competition Enforcement – CRANE – December 2023...
Out-of-Market Efficiencies in Competition Enforcement – CRANE – December 2023...Out-of-Market Efficiencies in Competition Enforcement – CRANE – December 2023...
Out-of-Market Efficiencies in Competition Enforcement – CRANE – December 2023...
OECD Directorate for Financial and Enterprise Affairs
 

More from OECD Directorate for Financial and Enterprise Affairs (20)

Pro-competitive Industrial Policy – LANE – June 2024 OECD discussion
Pro-competitive Industrial Policy – LANE – June 2024 OECD discussionPro-competitive Industrial Policy – LANE – June 2024 OECD discussion
Pro-competitive Industrial Policy – LANE – June 2024 OECD discussion
 
Pro-competitive Industrial Policy – OECD – June 2024 OECD discussion
Pro-competitive Industrial Policy – OECD – June 2024 OECD discussionPro-competitive Industrial Policy – OECD – June 2024 OECD discussion
Pro-competitive Industrial Policy – OECD – June 2024 OECD discussion
 
Artificial Intelligence, Data and Competition – ČORBA – June 2024 OECD discus...
Artificial Intelligence, Data and Competition – ČORBA – June 2024 OECD discus...Artificial Intelligence, Data and Competition – ČORBA – June 2024 OECD discus...
Artificial Intelligence, Data and Competition – ČORBA – June 2024 OECD discus...
 
Artificial Intelligence, Data and Competition – OECD – June 2024 OECD discussion
Artificial Intelligence, Data and Competition – OECD – June 2024 OECD discussionArtificial Intelligence, Data and Competition – OECD – June 2024 OECD discussion
Artificial Intelligence, Data and Competition – OECD – June 2024 OECD discussion
 
Artificial Intelligence, Data and Competition – SCHREPEL – June 2024 OECD dis...
Artificial Intelligence, Data and Competition – SCHREPEL – June 2024 OECD dis...Artificial Intelligence, Data and Competition – SCHREPEL – June 2024 OECD dis...
Artificial Intelligence, Data and Competition – SCHREPEL – June 2024 OECD dis...
 
Artificial Intelligence, Data and Competition – LIM – June 2024 OECD discussion
Artificial Intelligence, Data and Competition – LIM – June 2024 OECD discussionArtificial Intelligence, Data and Competition – LIM – June 2024 OECD discussion
Artificial Intelligence, Data and Competition – LIM – June 2024 OECD discussion
 
Competition and Regulation in Professions and Occupations – OECD – June 2024 ...
Competition and Regulation in Professions and Occupations – OECD – June 2024 ...Competition and Regulation in Professions and Occupations – OECD – June 2024 ...
Competition and Regulation in Professions and Occupations – OECD – June 2024 ...
 
Competition and Regulation in Professions and Occupations – ROBSON – June 202...
Competition and Regulation in Professions and Occupations – ROBSON – June 202...Competition and Regulation in Professions and Occupations – ROBSON – June 202...
Competition and Regulation in Professions and Occupations – ROBSON – June 202...
 
Competition and Regulation in Professional Services – KLEINER – June 2024 OEC...
Competition and Regulation in Professional Services – KLEINER – June 2024 OEC...Competition and Regulation in Professional Services – KLEINER – June 2024 OEC...
Competition and Regulation in Professional Services – KLEINER – June 2024 OEC...
 
OECD Competition Trends 2024 - Highlights
OECD Competition Trends 2024 - HighlightsOECD Competition Trends 2024 - Highlights
OECD Competition Trends 2024 - Highlights
 
Use of Economic Evidence in Cartel Cases – CAMACHO – December 2023 OECD discu...
Use of Economic Evidence in Cartel Cases – CAMACHO – December 2023 OECD discu...Use of Economic Evidence in Cartel Cases – CAMACHO – December 2023 OECD discu...
Use of Economic Evidence in Cartel Cases – CAMACHO – December 2023 OECD discu...
 
Ex-post Assessment of Merger Remedies – KOVACIC – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – KOVACIC – December 2023 OECD discussionEx-post Assessment of Merger Remedies – KOVACIC – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – KOVACIC – December 2023 OECD discussion
 
Ex-post Assessment of Merger Remedies – KWOKA – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – KWOKA – December 2023 OECD discussionEx-post Assessment of Merger Remedies – KWOKA – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – KWOKA – December 2023 OECD discussion
 
Ex-post Assessment of Merger Remedies – FLETCHER – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – FLETCHER – December 2023 OECD discussionEx-post Assessment of Merger Remedies – FLETCHER – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – FLETCHER – December 2023 OECD discussion
 
Ex-post Assessment of Merger Remedies – OECD – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – OECD – December 2023 OECD discussionEx-post Assessment of Merger Remedies – OECD – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – OECD – December 2023 OECD discussion
 
Use of Economic Evidence in Cartel Cases – DAVIES – December 2023 OECD discus...
Use of Economic Evidence in Cartel Cases – DAVIES – December 2023 OECD discus...Use of Economic Evidence in Cartel Cases – DAVIES – December 2023 OECD discus...
Use of Economic Evidence in Cartel Cases – DAVIES – December 2023 OECD discus...
 
Use of Economic Evidence in Cartel Cases – ROBERTS – December 2023 OECD discu...
Use of Economic Evidence in Cartel Cases – ROBERTS – December 2023 OECD discu...Use of Economic Evidence in Cartel Cases – ROBERTS – December 2023 OECD discu...
Use of Economic Evidence in Cartel Cases – ROBERTS – December 2023 OECD discu...
 
Alternatives to Leniency Programmes – SERBIA – December 2023 OECD discussion
Alternatives to Leniency Programmes – SERBIA – December 2023 OECD discussionAlternatives to Leniency Programmes – SERBIA – December 2023 OECD discussion
Alternatives to Leniency Programmes – SERBIA – December 2023 OECD discussion
 
Alternatives to Leniency Programmes – ITALY – December 2023 OECD discussion
Alternatives to Leniency Programmes – ITALY – December 2023 OECD discussionAlternatives to Leniency Programmes – ITALY – December 2023 OECD discussion
Alternatives to Leniency Programmes – ITALY – December 2023 OECD discussion
 
Out-of-Market Efficiencies in Competition Enforcement – CRANE – December 2023...
Out-of-Market Efficiencies in Competition Enforcement – CRANE – December 2023...Out-of-Market Efficiencies in Competition Enforcement – CRANE – December 2023...
Out-of-Market Efficiencies in Competition Enforcement – CRANE – December 2023...
 

Recently uploaded

ASONAM2023_presection_slide_track-recommendation.pdf
ASONAM2023_presection_slide_track-recommendation.pdfASONAM2023_presection_slide_track-recommendation.pdf
ASONAM2023_presection_slide_track-recommendation.pdf
ToshihiroIto4
 
Supercharge your AI - SSP Industry Breakout Session 2024-v2_1.pdf
Supercharge your AI - SSP Industry Breakout Session 2024-v2_1.pdfSupercharge your AI - SSP Industry Breakout Session 2024-v2_1.pdf
Supercharge your AI - SSP Industry Breakout Session 2024-v2_1.pdf
Access Innovations, Inc.
 
Burning Issue Presentation By Kenmaryon.pdf
Burning Issue Presentation By Kenmaryon.pdfBurning Issue Presentation By Kenmaryon.pdf
Burning Issue Presentation By Kenmaryon.pdf
kkirkland2
 
Gregory Harris' Civics Presentation.pptx
Gregory Harris' Civics Presentation.pptxGregory Harris' Civics Presentation.pptx
Gregory Harris' Civics Presentation.pptx
gharris9
 
Media as a Mind Controlling Strategy In Old and Modern Era
Media as a Mind Controlling Strategy In Old and Modern EraMedia as a Mind Controlling Strategy In Old and Modern Era
Media as a Mind Controlling Strategy In Old and Modern Era
faizulhassanfaiz1670
 
Carrer goals.pptx and their importance in real life
Carrer goals.pptx  and their importance in real lifeCarrer goals.pptx  and their importance in real life
Carrer goals.pptx and their importance in real life
artemacademy2
 
2024-05-30_meetup_devops_aix-marseille.pdf
2024-05-30_meetup_devops_aix-marseille.pdf2024-05-30_meetup_devops_aix-marseille.pdf
2024-05-30_meetup_devops_aix-marseille.pdf
Frederic Leger
 
Mastering the Concepts Tested in the Databricks Certified Data Engineer Assoc...
Mastering the Concepts Tested in the Databricks Certified Data Engineer Assoc...Mastering the Concepts Tested in the Databricks Certified Data Engineer Assoc...
Mastering the Concepts Tested in the Databricks Certified Data Engineer Assoc...
SkillCertProExams
 
Tom tresser burning issue.pptx My Burning issue
Tom tresser burning issue.pptx My Burning issueTom tresser burning issue.pptx My Burning issue
Tom tresser burning issue.pptx My Burning issue
amekonnen
 
Suzanne Lagerweij - Influence Without Power - Why Empathy is Your Best Friend...
Suzanne Lagerweij - Influence Without Power - Why Empathy is Your Best Friend...Suzanne Lagerweij - Influence Without Power - Why Empathy is Your Best Friend...
Suzanne Lagerweij - Influence Without Power - Why Empathy is Your Best Friend...
Suzanne Lagerweij
 
XP 2024 presentation: A New Look to Leadership
XP 2024 presentation: A New Look to LeadershipXP 2024 presentation: A New Look to Leadership
XP 2024 presentation: A New Look to Leadership
samililja
 
Gregory Harris - Cycle 2 - Civics Presentation
Gregory Harris - Cycle 2 - Civics PresentationGregory Harris - Cycle 2 - Civics Presentation
Gregory Harris - Cycle 2 - Civics Presentation
gharris9
 
Mẫu PPT kế hoạch làm việc sáng tạo cho nửa cuối năm PowerPoint
Mẫu PPT kế hoạch làm việc sáng tạo cho nửa cuối năm PowerPointMẫu PPT kế hoạch làm việc sáng tạo cho nửa cuối năm PowerPoint
Mẫu PPT kế hoạch làm việc sáng tạo cho nửa cuối năm PowerPoint
1990 Media
 
Presentatie 8. Joost van der Linde & Daniel Anderton - Eliq 28 mei 2024
Presentatie 8. Joost van der Linde & Daniel Anderton - Eliq 28 mei 2024Presentatie 8. Joost van der Linde & Daniel Anderton - Eliq 28 mei 2024
Presentatie 8. Joost van der Linde & Daniel Anderton - Eliq 28 mei 2024
Dutch Power
 
Presentatie 4. Jochen Cremer - TU Delft 28 mei 2024
Presentatie 4. Jochen Cremer - TU Delft 28 mei 2024Presentatie 4. Jochen Cremer - TU Delft 28 mei 2024
Presentatie 4. Jochen Cremer - TU Delft 28 mei 2024
Dutch Power
 
Collapsing Narratives: Exploring Non-Linearity • a micro report by Rosie Wells
Collapsing Narratives: Exploring Non-Linearity • a micro report by Rosie WellsCollapsing Narratives: Exploring Non-Linearity • a micro report by Rosie Wells
Collapsing Narratives: Exploring Non-Linearity • a micro report by Rosie Wells
Rosie Wells
 
Updated diagnosis. Cause and treatment of hypothyroidism
Updated diagnosis. Cause and treatment of hypothyroidismUpdated diagnosis. Cause and treatment of hypothyroidism
Updated diagnosis. Cause and treatment of hypothyroidism
Faculty of Medicine And Health Sciences
 

Recently uploaded (17)

ASONAM2023_presection_slide_track-recommendation.pdf
ASONAM2023_presection_slide_track-recommendation.pdfASONAM2023_presection_slide_track-recommendation.pdf
ASONAM2023_presection_slide_track-recommendation.pdf
 
Supercharge your AI - SSP Industry Breakout Session 2024-v2_1.pdf
Supercharge your AI - SSP Industry Breakout Session 2024-v2_1.pdfSupercharge your AI - SSP Industry Breakout Session 2024-v2_1.pdf
Supercharge your AI - SSP Industry Breakout Session 2024-v2_1.pdf
 
Burning Issue Presentation By Kenmaryon.pdf
Burning Issue Presentation By Kenmaryon.pdfBurning Issue Presentation By Kenmaryon.pdf
Burning Issue Presentation By Kenmaryon.pdf
 
Gregory Harris' Civics Presentation.pptx
Gregory Harris' Civics Presentation.pptxGregory Harris' Civics Presentation.pptx
Gregory Harris' Civics Presentation.pptx
 
Media as a Mind Controlling Strategy In Old and Modern Era
Media as a Mind Controlling Strategy In Old and Modern EraMedia as a Mind Controlling Strategy In Old and Modern Era
Media as a Mind Controlling Strategy In Old and Modern Era
 
Carrer goals.pptx and their importance in real life
Carrer goals.pptx  and their importance in real lifeCarrer goals.pptx  and their importance in real life
Carrer goals.pptx and their importance in real life
 
2024-05-30_meetup_devops_aix-marseille.pdf
2024-05-30_meetup_devops_aix-marseille.pdf2024-05-30_meetup_devops_aix-marseille.pdf
2024-05-30_meetup_devops_aix-marseille.pdf
 
Mastering the Concepts Tested in the Databricks Certified Data Engineer Assoc...
Mastering the Concepts Tested in the Databricks Certified Data Engineer Assoc...Mastering the Concepts Tested in the Databricks Certified Data Engineer Assoc...
Mastering the Concepts Tested in the Databricks Certified Data Engineer Assoc...
 
Tom tresser burning issue.pptx My Burning issue
Tom tresser burning issue.pptx My Burning issueTom tresser burning issue.pptx My Burning issue
Tom tresser burning issue.pptx My Burning issue
 
Suzanne Lagerweij - Influence Without Power - Why Empathy is Your Best Friend...
Suzanne Lagerweij - Influence Without Power - Why Empathy is Your Best Friend...Suzanne Lagerweij - Influence Without Power - Why Empathy is Your Best Friend...
Suzanne Lagerweij - Influence Without Power - Why Empathy is Your Best Friend...
 
XP 2024 presentation: A New Look to Leadership
XP 2024 presentation: A New Look to LeadershipXP 2024 presentation: A New Look to Leadership
XP 2024 presentation: A New Look to Leadership
 
Gregory Harris - Cycle 2 - Civics Presentation
Gregory Harris - Cycle 2 - Civics PresentationGregory Harris - Cycle 2 - Civics Presentation
Gregory Harris - Cycle 2 - Civics Presentation
 
Mẫu PPT kế hoạch làm việc sáng tạo cho nửa cuối năm PowerPoint
Mẫu PPT kế hoạch làm việc sáng tạo cho nửa cuối năm PowerPointMẫu PPT kế hoạch làm việc sáng tạo cho nửa cuối năm PowerPoint
Mẫu PPT kế hoạch làm việc sáng tạo cho nửa cuối năm PowerPoint
 
Presentatie 8. Joost van der Linde & Daniel Anderton - Eliq 28 mei 2024
Presentatie 8. Joost van der Linde & Daniel Anderton - Eliq 28 mei 2024Presentatie 8. Joost van der Linde & Daniel Anderton - Eliq 28 mei 2024
Presentatie 8. Joost van der Linde & Daniel Anderton - Eliq 28 mei 2024
 
Presentatie 4. Jochen Cremer - TU Delft 28 mei 2024
Presentatie 4. Jochen Cremer - TU Delft 28 mei 2024Presentatie 4. Jochen Cremer - TU Delft 28 mei 2024
Presentatie 4. Jochen Cremer - TU Delft 28 mei 2024
 
Collapsing Narratives: Exploring Non-Linearity • a micro report by Rosie Wells
Collapsing Narratives: Exploring Non-Linearity • a micro report by Rosie WellsCollapsing Narratives: Exploring Non-Linearity • a micro report by Rosie Wells
Collapsing Narratives: Exploring Non-Linearity • a micro report by Rosie Wells
 
Updated diagnosis. Cause and treatment of hypothyroidism
Updated diagnosis. Cause and treatment of hypothyroidismUpdated diagnosis. Cause and treatment of hypothyroidism
Updated diagnosis. Cause and treatment of hypothyroidism
 

Subsidies, competition and trade – OECD SECRETARIAT – December 2022 OECD discussion

  • 1. SUBSIDIES, COMPETITION AND TRADE Presentation of the OECD Background paper Wouter Meester OECD Competition Division GFC Session II – 1 December 2022
  • 2. • Subsidies: more relevant than ever • Different instruments exist – Multilateral rules – FTAs and trade blocs – Competitive neutrality / State Aid control – Competition enforcement – New legal instruments Relevance of subsidies 2
  • 3. • Financial power (“deep pockets”) that: 1. may create, maintain, or enhance dominance 2. may facilitate harmful conduct (predatory pricing) • Subsidies can: affect cost/revenue structure, strategic decisions provide economies of scale Enable international/foreign expansion • Relevance for mergers and abuse of dominance Theory: competition concerns 3
  • 4. • Subsidies have played a modest role to date • Subsidy offense / defense • Ability and incentive to engage in predatory pricing Ability – financial indicators, cost structure Incentive – history of law violations, ownership structure, recoupment • Financial strength has been a contributing, rather than a decisive factor to potential dominance Practice: existing case law (mergers) 4
  • 5. • Again, cases have been rare • Mostly related to cross-subsidization • Use of government financing for a public service obligation (PSO) to expand its competitive activities • Overcompensation by the government becomes a de facto subsidy • Example: postal sector Practice: existing case law (abuse) 5
  • 6. • Establishing the existence of subsidies is not straightforward • Acquisitions by subsidised SOEs can create specific issues with regards to merger control • Subsidies complicate the determination of the relevant cost-measure to establish predatory pricing • Recoupment not always relevant Some challenges 6
  • 7. Thank you For more information: https://oe.cd/sctr 7