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- W3039441639 abstract "This chapter addresses the need for competition law enforcement to pay separate attention to the pursuit of development objectives. The importance of the pursuit of development objectives has been underscored by the incorporation of poverty alleviation and inclusive growth as the core objectives of the African Competition Forum, which includes countries that are in most dire need for economic development. Once it is established that competition law needs to take into account development objectives, it remains to be determined how it should be done. Aside from paying heed to the welfare of the poor, competition law enforcement should incorporate development considerations by shifting enforcement priorities to focus on sectors that will make the greatest contribution to poverty reduction and sectors that are most important to meeting development needs. The agricultural sector is a prime example. Agriculture affects both the expenditure and, in many instances, the income of the poor. Apart from agriculture, the competition authority can also pay particular attention to anticompetitive practices that hinder or stifle entrepreneurial opportunities for the poor. Given the developmental significance of meeting the basic needs of food security, healthcare, education, access to clean water and sanitation, and energy, developing country competition authorities should also focus on these sectors." @default.
- W3039441639 created "2020-07-10" @default.
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- W3039441639 date "2020-05-28" @default.
- W3039441639 modified "2023-09-25" @default.
- W3039441639 title "5 Competition Law Enforcement and Economic Development" @default.
- W3039441639 doi "https://doi.org/10.1093/law-ocl/9780198862697.003.0006" @default.
- W3039441639 hasPublicationYear "2020" @default.
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