A Multi-National Approach
Page 131 8— OECD The OECD has been the most active of all the international organizations in the field of international dimensions of competition policy. Its activities have ranged widely from the advocacy of a national competition policy in member countries (and nonmember countries under technical assistance programmes) and the promotion of convergence among these national policies to recommendations relating to bilateral cooperation and to the development of plurilateral guidelines. This chapter reviews these activities. (A review of many of them by the OECD itself is provided in its Communication to the WTO Working Group (WTO, 1998f) and in the OECD Competition/Antitrust Policy Home Page at www.oecd.org/daf/ccp Competition Policy in the OECD Since its establishment the OECD has played a central role in encouraging governments to liberalize flows of FDI. The 1961 Code of Liberalization of Capital Movements and the Code of Liberalization of Current Invisible Operations were the first international (plurilateral) code for regulation of direct capital movements by governments. It has also promoted regulatory reform for the past 20 years and now has an organizationwide programme on deregulation. From its inception, the OECD Committee of Experts on Restrictive Business Practices (renamed in 1987 the Committee on Competition Law and Policy, or CLP Committee for short) has provided a forum for the exchange of experiences of OECD member countries and insights from the member countries which are most experienced in competition law. The CLP Committee has worked on a broad range of issues concerning competition in member...
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