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Myriam Vander Stichele

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South Korea: The Korea Fair Trade Commission. US legislation : allows cartels for farmers ... that allows farmers to get fair prices. Role for EP Development ... – PowerPoint PPT presentation

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Title: Myriam Vander Stichele


1
Myriam Vander Stichele
  • Senior Researcher
  • SOMO (Foundation for Research on Multinational
    Corporations),
  • Netherlands

2
NEED TO RECOGNIZE THE PROBLEM
  • Competition policy market abuse for consumers
    only?
  • Challenging the agenda of competition authorities
    at EU level
  • New and academic interest and research

3
SOME EXAMPLES OF HOW THE PROBLEM CAN BE DEALT
WITH
  • EXISTING COMPETITION POLICY INSTRUMENTS
  • UK Supermarket Code of Practice
  • France Loi Galland pricing regulation
  • Indonesia Business Competition Supervisory
    Commission
  • South Korea The Korea Fair Trade Commission
  • US legislation allows cartels for farmers
  • South Africa competition policies include social
    objectives

4
2. RELATED INSTRUMENTS AND MEASURES
  • Legislation about below-cost selling and
    predatory pricing
  • In India contract law
  • NB United Nations Convention on Contracts for the
    International Sale of Goods (CISG)
  • economic needs tests

5
SOME STEPS FORWARD
  • OECD forum to discuss the issues
  • EU level
  • EC
  • European Competition Network

6
Recommendations at EU level
  • More investigation of Supermarkets operating in
    many EU countries including pro-active
    investigation about buyer power
  • Explore legislation that allows farmers to get
    fair prices

7
Role for EP Development Committee
  • Issue of coherence aid vs money spent for trade
  • Issue of making trade work
  • Raising the issue with different DGs of EC
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