Romania - Functional Review : Romania Competition Council
The European Union is founded on a competitive market economy unified by commonly agreed rules and practices. While Romania has joined the Union, its ability to prosper fully within the common market requires a strengthened commitment to, and abili...
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| Format: | Other Financial Sector Study |
| Language: | English en_US |
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Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2010/10/17056885/romania-functional-review-romania-competition-council http://hdl.handle.net/10986/12281 |
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okr-10986-12281 |
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oai_dc |
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Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
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World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
AGRICULTURE ALTERNATIVE POLICY INSTRUMENTS ANTI-COMPETITIVE PRACTICES ANTITRUST LAWS BARRIERS TO ENTRY BASIC METALS BEHAVIORS BENCHMARKS BEST PRACTICE BEST PRACTICES BUSINESS PRACTICE BUSINESS PRACTICES CARTEL CARTELS CENTRAL BANK CENTRAL BANKS CHANGE MANAGEMENT COLLABORATION COLLABORATIONS COLLECTION OF DATA COMMERCIALIZATION COMMON MARKET COMMUNITIES COMPETENCIES COMPETITION FRAMEWORK COMPETITION POLICIES COMPETITION POLICY COMPETITIVE ENVIRONMENT COMPETITIVE MARKET COMPETITIVE MARKETS COMPETITIVE PRICES COMPETITIVENESS COMPETITORS CONFLICT OF INTEREST CONFLICTS OF INTEREST CONSUMER GOODS CONSUMER PROTECTION CONSUMER SPENDING CONSUMERS COST OF ENTRY CROWDING OUT DAMAGES DISCUSSION DISCUSSIONS DOCUMENTS DOMESTIC MARKET DOMESTIC MARKETS EARLY REPAYMENT ECONOMETRIC ANALYSIS ECONOMETRICS ECONOMIC ANALYSIS ECONOMIC CONCENTRATION ECONOMIC COOPERATION ECONOMIC DEVELOPMENT ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIC IMPACT ECONOMIC SECTORS ECONOMIC SIZE ECONOMIC TOOLS ECONOMIC WELFARE ECONOMICS ECONOMICS RESEARCH ECONOMIES OF SCALE ECONOMISTS ELECTRICITY GENERATION EMPIRICAL EVIDENCE ENVIRONMENTAL EXCLUSIVE CONTRACTS FAIR FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT GDP GLOBAL MARKET GOVERNMENT ACTIONS GOVERNMENT INVOLVEMENT HARMONIZATION HUMAN RESOURCES INFORMATION TECHNOLOGY INSIGHTS INSTITUTIONAL MEMORY INSURANCE INTEGRATION INTERNATIONAL BEST PRACTICE INTERNATIONAL COMPETITION INVENTION INVENTORY ITC LAW ENFORCEMENT LEADING LEGAL FRAMEWORK LIBERALIZATION MARGINAL VALUE MARKET COMPETITION MARKET DEFINITION MARKET ECONOMY MARKET EFFICIENCY MARKET INTEGRATION MARKET PARTICIPANTS MARKET PERFORMANCE MARKET POWER MARKET REGULATION MARKET SHARE MARKET SHARES MARKET STUDIES MARKETPLACE MERGERS METRICS MINES MONOPOLY MORTGAGE MORTGAGE CREDITS MORTGAGE LOANS ORGANIZATIONAL STRUCTURE OUTPUT PERFORMANCE MEASURES POLICY MAKERS PORTFOLIO PREDATORY PRICING PRICE CHANGES PRICE CONTROL PRICE CONTROLS PRICE DISCRIMINATION PRICE FIXING PRICE INCREASES PRICE MAINTENANCE PRIVATE INVESTORS PRODUCERS PRODUCT MARKET PRODUCTIVITY PRODUCTIVITY INCREASES PROPERTY RIGHTS PUBLIC ACCOUNTABILITY PUBLIC FINANCE PUBLIC POLICIES REBATE REFORM PROGRAM REGULATOR REGULATORS REGULATORY AGENCIES REGULATORY AGENCY REGULATORY BODIES REGULATORY ENVIRONMENT REGULATORY FRAMEWORK REGULATORY SYSTEM RELEVANT MARKET REPUTATION RESOURCE MANAGEMENT RETAIL RETAIL MARKET SAVINGS SELLING PRICES SETTLEMENT PROCEDURES SOCIAL DEVELOPMENT SOURCES OF INFORMATION STANDARD OF LIVING SUPPLIERS SUSTAINABLE ECONOMIC GROWTH TARGET MARKETS TAX TECHNICAL ASSISTANCE TELECOMMUNICATIONS TRANSPARENCY TURNOVER UNFAIR COMPETITION VISION WHOLESALE TRADE |
| spellingShingle |
AGRICULTURE ALTERNATIVE POLICY INSTRUMENTS ANTI-COMPETITIVE PRACTICES ANTITRUST LAWS BARRIERS TO ENTRY BASIC METALS BEHAVIORS BENCHMARKS BEST PRACTICE BEST PRACTICES BUSINESS PRACTICE BUSINESS PRACTICES CARTEL CARTELS CENTRAL BANK CENTRAL BANKS CHANGE MANAGEMENT COLLABORATION COLLABORATIONS COLLECTION OF DATA COMMERCIALIZATION COMMON MARKET COMMUNITIES COMPETENCIES COMPETITION FRAMEWORK COMPETITION POLICIES COMPETITION POLICY COMPETITIVE ENVIRONMENT COMPETITIVE MARKET COMPETITIVE MARKETS COMPETITIVE PRICES COMPETITIVENESS COMPETITORS CONFLICT OF INTEREST CONFLICTS OF INTEREST CONSUMER GOODS CONSUMER PROTECTION CONSUMER SPENDING CONSUMERS COST OF ENTRY CROWDING OUT DAMAGES DISCUSSION DISCUSSIONS DOCUMENTS DOMESTIC MARKET DOMESTIC MARKETS EARLY REPAYMENT ECONOMETRIC ANALYSIS ECONOMETRICS ECONOMIC ANALYSIS ECONOMIC CONCENTRATION ECONOMIC COOPERATION ECONOMIC DEVELOPMENT ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIC IMPACT ECONOMIC SECTORS ECONOMIC SIZE ECONOMIC TOOLS ECONOMIC WELFARE ECONOMICS ECONOMICS RESEARCH ECONOMIES OF SCALE ECONOMISTS ELECTRICITY GENERATION EMPIRICAL EVIDENCE ENVIRONMENTAL EXCLUSIVE CONTRACTS FAIR FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT GDP GLOBAL MARKET GOVERNMENT ACTIONS GOVERNMENT INVOLVEMENT HARMONIZATION HUMAN RESOURCES INFORMATION TECHNOLOGY INSIGHTS INSTITUTIONAL MEMORY INSURANCE INTEGRATION INTERNATIONAL BEST PRACTICE INTERNATIONAL COMPETITION INVENTION INVENTORY ITC LAW ENFORCEMENT LEADING LEGAL FRAMEWORK LIBERALIZATION MARGINAL VALUE MARKET COMPETITION MARKET DEFINITION MARKET ECONOMY MARKET EFFICIENCY MARKET INTEGRATION MARKET PARTICIPANTS MARKET PERFORMANCE MARKET POWER MARKET REGULATION MARKET SHARE MARKET SHARES MARKET STUDIES MARKETPLACE MERGERS METRICS MINES MONOPOLY MORTGAGE MORTGAGE CREDITS MORTGAGE LOANS ORGANIZATIONAL STRUCTURE OUTPUT PERFORMANCE MEASURES POLICY MAKERS PORTFOLIO PREDATORY PRICING PRICE CHANGES PRICE CONTROL PRICE CONTROLS PRICE DISCRIMINATION PRICE FIXING PRICE INCREASES PRICE MAINTENANCE PRIVATE INVESTORS PRODUCERS PRODUCT MARKET PRODUCTIVITY PRODUCTIVITY INCREASES PROPERTY RIGHTS PUBLIC ACCOUNTABILITY PUBLIC FINANCE PUBLIC POLICIES REBATE REFORM PROGRAM REGULATOR REGULATORS REGULATORY AGENCIES REGULATORY AGENCY REGULATORY BODIES REGULATORY ENVIRONMENT REGULATORY FRAMEWORK REGULATORY SYSTEM RELEVANT MARKET REPUTATION RESOURCE MANAGEMENT RETAIL RETAIL MARKET SAVINGS SELLING PRICES SETTLEMENT PROCEDURES SOCIAL DEVELOPMENT SOURCES OF INFORMATION STANDARD OF LIVING SUPPLIERS SUSTAINABLE ECONOMIC GROWTH TARGET MARKETS TAX TECHNICAL ASSISTANCE TELECOMMUNICATIONS TRANSPARENCY TURNOVER UNFAIR COMPETITION VISION WHOLESALE TRADE World Bank Romania - Functional Review : Romania Competition Council |
| geographic_facet |
Europe and Central Asia Romania |
| description |
The European Union is founded on a
competitive market economy unified by commonly agreed rules
and practices. While Romania has joined the Union, its
ability to prosper fully within the common market requires a
strengthened commitment to, and ability to protect, EU
competition principles. Romania's legal and
organizational framework for enhancing competition is
tenuous and the current economic and fiscal crisis puts
recent gains at risk. In particular, Romania's
performance in competition policy still lags behind EU
practice and is characterized by: (i) State-owned
enterprises and government participation still play a
dominant role in many important markets and sectors in
Romania, controlling at least one firm in 14 key sectors of
the economy and exhibiting a market share above 50% in at
least one segment of network industries. (ii) Relatively low
enforcement of competition policy against hard-core cartels
and abusive practices while merger review cases that do not
significantly impose threats to competition account for the
bulk of the workload in the competition area. (iii) Low
staffing for competition enforcement and economic analysis
placing the Romania Competition Council (RCC) at the bottom
of European Union rankings with no internal target deadlines
to track performance. (iv) Active advocacy activities mainly
focus on raising awareness of the importance of competition
law but efforts need to be made to refocus activity on
tackling anticompetitive regulation, expand advocacy to key
groups within the government and implement alternative
advocacy tools. A comprehensive reform program therefore is
required at the national level, as well as within the
Romanian Competition Council (RCC) as the key agency in
guaranteeing healthy competition. Priority actions, further
detailed in this report, include the following: (i) improve
the competitive environment by reducing the dominant role of
the state in several economic sectors, (ii) provide space
for a redoubled RCC focus on competition enforcement
establish a new unit within RCC to target hard core
anti-competitive behavior take immediate steps, within the
principles of the government's unified pay system, to
ensure a level of compensation to core RCC competition staff
commensurate with their responsibilities in front of the
judiciary and private sector. |
| format |
Economic & Sector Work :: Other Financial Sector Study |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Romania - Functional Review : Romania Competition Council |
| title_short |
Romania - Functional Review : Romania Competition Council |
| title_full |
Romania - Functional Review : Romania Competition Council |
| title_fullStr |
Romania - Functional Review : Romania Competition Council |
| title_full_unstemmed |
Romania - Functional Review : Romania Competition Council |
| title_sort |
romania - functional review : romania competition council |
| publisher |
Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2010/10/17056885/romania-functional-review-romania-competition-council http://hdl.handle.net/10986/12281 |
| _version_ |
1764419375542042624 |
| spelling |
okr-10986-122812021-04-23T14:03:00Z Romania - Functional Review : Romania Competition Council World Bank AGRICULTURE ALTERNATIVE POLICY INSTRUMENTS ANTI-COMPETITIVE PRACTICES ANTITRUST LAWS BARRIERS TO ENTRY BASIC METALS BEHAVIORS BENCHMARKS BEST PRACTICE BEST PRACTICES BUSINESS PRACTICE BUSINESS PRACTICES CARTEL CARTELS CENTRAL BANK CENTRAL BANKS CHANGE MANAGEMENT COLLABORATION COLLABORATIONS COLLECTION OF DATA COMMERCIALIZATION COMMON MARKET COMMUNITIES COMPETENCIES COMPETITION FRAMEWORK COMPETITION POLICIES COMPETITION POLICY COMPETITIVE ENVIRONMENT COMPETITIVE MARKET COMPETITIVE MARKETS COMPETITIVE PRICES COMPETITIVENESS COMPETITORS CONFLICT OF INTEREST CONFLICTS OF INTEREST CONSUMER GOODS CONSUMER PROTECTION CONSUMER SPENDING CONSUMERS COST OF ENTRY CROWDING OUT DAMAGES DISCUSSION DISCUSSIONS DOCUMENTS DOMESTIC MARKET DOMESTIC MARKETS EARLY REPAYMENT ECONOMETRIC ANALYSIS ECONOMETRICS ECONOMIC ANALYSIS ECONOMIC CONCENTRATION ECONOMIC COOPERATION ECONOMIC DEVELOPMENT ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIC IMPACT ECONOMIC SECTORS ECONOMIC SIZE ECONOMIC TOOLS ECONOMIC WELFARE ECONOMICS ECONOMICS RESEARCH ECONOMIES OF SCALE ECONOMISTS ELECTRICITY GENERATION EMPIRICAL EVIDENCE ENVIRONMENTAL EXCLUSIVE CONTRACTS FAIR FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT GDP GLOBAL MARKET GOVERNMENT ACTIONS GOVERNMENT INVOLVEMENT HARMONIZATION HUMAN RESOURCES INFORMATION TECHNOLOGY INSIGHTS INSTITUTIONAL MEMORY INSURANCE INTEGRATION INTERNATIONAL BEST PRACTICE INTERNATIONAL COMPETITION INVENTION INVENTORY ITC LAW ENFORCEMENT LEADING LEGAL FRAMEWORK LIBERALIZATION MARGINAL VALUE MARKET COMPETITION MARKET DEFINITION MARKET ECONOMY MARKET EFFICIENCY MARKET INTEGRATION MARKET PARTICIPANTS MARKET PERFORMANCE MARKET POWER MARKET REGULATION MARKET SHARE MARKET SHARES MARKET STUDIES MARKETPLACE MERGERS METRICS MINES MONOPOLY MORTGAGE MORTGAGE CREDITS MORTGAGE LOANS ORGANIZATIONAL STRUCTURE OUTPUT PERFORMANCE MEASURES POLICY MAKERS PORTFOLIO PREDATORY PRICING PRICE CHANGES PRICE CONTROL PRICE CONTROLS PRICE DISCRIMINATION PRICE FIXING PRICE INCREASES PRICE MAINTENANCE PRIVATE INVESTORS PRODUCERS PRODUCT MARKET PRODUCTIVITY PRODUCTIVITY INCREASES PROPERTY RIGHTS PUBLIC ACCOUNTABILITY PUBLIC FINANCE PUBLIC POLICIES REBATE REFORM PROGRAM REGULATOR REGULATORS REGULATORY AGENCIES REGULATORY AGENCY REGULATORY BODIES REGULATORY ENVIRONMENT REGULATORY FRAMEWORK REGULATORY SYSTEM RELEVANT MARKET REPUTATION RESOURCE MANAGEMENT RETAIL RETAIL MARKET SAVINGS SELLING PRICES SETTLEMENT PROCEDURES SOCIAL DEVELOPMENT SOURCES OF INFORMATION STANDARD OF LIVING SUPPLIERS SUSTAINABLE ECONOMIC GROWTH TARGET MARKETS TAX TECHNICAL ASSISTANCE TELECOMMUNICATIONS TRANSPARENCY TURNOVER UNFAIR COMPETITION VISION WHOLESALE TRADE The European Union is founded on a competitive market economy unified by commonly agreed rules and practices. While Romania has joined the Union, its ability to prosper fully within the common market requires a strengthened commitment to, and ability to protect, EU competition principles. Romania's legal and organizational framework for enhancing competition is tenuous and the current economic and fiscal crisis puts recent gains at risk. In particular, Romania's performance in competition policy still lags behind EU practice and is characterized by: (i) State-owned enterprises and government participation still play a dominant role in many important markets and sectors in Romania, controlling at least one firm in 14 key sectors of the economy and exhibiting a market share above 50% in at least one segment of network industries. (ii) Relatively low enforcement of competition policy against hard-core cartels and abusive practices while merger review cases that do not significantly impose threats to competition account for the bulk of the workload in the competition area. (iii) Low staffing for competition enforcement and economic analysis placing the Romania Competition Council (RCC) at the bottom of European Union rankings with no internal target deadlines to track performance. (iv) Active advocacy activities mainly focus on raising awareness of the importance of competition law but efforts need to be made to refocus activity on tackling anticompetitive regulation, expand advocacy to key groups within the government and implement alternative advocacy tools. A comprehensive reform program therefore is required at the national level, as well as within the Romanian Competition Council (RCC) as the key agency in guaranteeing healthy competition. Priority actions, further detailed in this report, include the following: (i) improve the competitive environment by reducing the dominant role of the state in several economic sectors, (ii) provide space for a redoubled RCC focus on competition enforcement establish a new unit within RCC to target hard core anti-competitive behavior take immediate steps, within the principles of the government's unified pay system, to ensure a level of compensation to core RCC competition staff commensurate with their responsibilities in front of the judiciary and private sector. 2013-02-07T22:00:49Z 2013-02-07T22:00:49Z 2010-10 http://documents.worldbank.org/curated/en/2010/10/17056885/romania-functional-review-romania-competition-council http://hdl.handle.net/10986/12281 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Other Financial Sector Study Economic & Sector Work Europe and Central Asia Romania |