The Ten Principles of Ex Ante Competition Regulation

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Governments and competition agencies considering new laws to regulate competition need not act blindly. Without much experience in competition regulation, they can and should draw upon well-recognized international principles for the design and implementation of ex ante regulation. This article identifies ten principles for ex ante competition regulation designed to avoid pitfalls in regulatory schemes. It draws directly on the prior work of the OECD, as outlined principally in the Guiding Principles for Regulatory Quality and Performance.