Global Value Chain Policy Series: Competition
Anti-competitive behaviour can affect the smooth functioning of global value chains (GVCs) in different ways and at various stages. The international nature of production networks, multinational enterprise operations and the digital economy is at odds with nationally administered competition law. While acknowledging that competition law may be a blunt instrument to achieve some public purpose or equity objectives, the paper makes specific recommendations for the design and enforcement of competition law in the GVC context.
Anti-competitive behaviour can affect the smooth functioning of global value chains (GVCs) in different ways and at various stages. The international nature of production networks, multinational enterprise operations and the digital economy is at odds with nationally administered competition law. While acknowledging that competition law may be a blunt instrument to achieve some public purpose or equity objectives, the paper makes specific recommendations for the design and enforcement of competition law in the GVC context.
This paper is part of the Global Value Chain Policy Series.