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When customers can choose between different providers, they benefit and so does the economy as a whole. Customer's abilityto choose forces firms to compete with one another which leads to increased productivity, more innovation and economic growth.
However, it can be challenging to measure and find evidence of the link between competition policy and macroeconomic outcomes - such as productivity, innovation and growth, as well as other determinants of well-being such as inequality and employment.
This factsheet summarises existing evidence on the wider economic effects of competition and competition policy and helps competition agencies all over the world to advocate their work. The factsheet was built in form of a narrative and provides suggestions and references to the existing evidence. It was produced as part of the OECD work on the evaluation of competition agencies' interventions.
DOCUMENTS AND LINKS
Assessment of the Impact of Competition Authorities' Activities, Note by Stephen Davies, 2013 (pdf)
Evaluation of competition enforcement and advocacy activities: results of an OECD survey, 2013 (pdf). Also available in French.
Evaluating the impact of competition law enforcement, Note by Peter Osmosi, 2012 (pdf)