COMPETITION

The Luxembourg Competition Authority took part in OECD Competition meetings

21/06/2023

From 12 to 16 June 2023, the Luxembourg Competition Authority took part in Competition meetings organized by the OECD in Paris, among which the 140^th meeting of the Competition Committee, the 75^th meeting of Working Party 2 on Competition and Regulation, and the 137^th meeting of Working Party 3 on Cooperation and Enforcement.

The Competition Committee promotes regular exchanges of views and analysis on competition policy issues. As part of these exchanges, the Competition Committee held best-practice round tables on several competition issues:

The roundtable on the assessment and communication of the benefits of competition interventions was an occasion to see how competition authorities measure the impact of their activity and how they communicate both the benefits of competition interventions and the benefits of competition more generally.
The roundtable on the future of effective leniency programmes - advancing detection and deterrence provided the opportunity to examine recent trends on leniency applications as well as different approaches and recent interventions to ensure continuous effectiveness of leniency programmes.
During the roundtable on the relationship between competition and innovation, the Committee explored how financing agents, geographical considerations, and network effects, among others, interact with competition and what effects they have on competitive dynamics in those markets.
The roundtable on the advantages and disadvantages of competition welfare standards was an occasion to compare the advantages and disadvantages of the consumer welfare standard to alternative standards.
The roundtable on competition in the circular economy allowed the Committee to discuss how to balance economic growth and the shift to a circular economy.
Under the last roundtable on the theories of harm for digital mergers, the OECD Competition Committee discussed the currently used theories and the potential need for new ones, that could better allow competition authorities to meet the standard of proof when assessing anticompetitive mergers.