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  (CITEE) Event Reports

  1. National Seminar on Competition, Regulation & Investment: Role in Economic Growth 11-12th January 2001, Jaipur, India

  2. Launch Meeting of 'Investment for Development' Project  13-14th December 2001, Jaipur, India.

  3. Panel Discussion on TRADE & COMPETITION POLICY Doha 12th  November, 2001

  4. Panel Discussion 'Standards and Market Access: The Road Ahead'  Doha,11th November 2001

  5. Competition Policy and Consumer Interest in the Global Economy Geneva, 12-13 October 2001

Other Event Reports

National Seminar on Competition, Regulation & Investment: Role in Economic Growth,

11-12th January 2002, Jaipur, India  

The Event

Brief Proceedings

Presentations

Recommendations

Draft Recommendations

Recommendations

General

Competition

Information Dissemination

Competition Bill 2001

Multi-Lateral Competition Policy

Regulation

Information Dissemination and promotion of people’s participation in the reform process

Policy Issues

Common Issues

Services

Investments

Promotion of a good investment policy

Information dissemination

 

Note

This is a compilation of recommendations from various presentation and also the suggestions given by the participants in the last session of the workshop.

We invite comments and suggestions from all the participants, inclusive of inclusion and deletion of any recommendation.

Please do not hesitate to even change the language or wordings in the recommendations, if you so feel.

 

Recommendations

General

  • Institutionalise the National Development Council: headed by a council of chief ministers

  • Globalisation is a fact, you cannot shirk it and so learn to accept it – demystify issues and disseminate it for easy understanding of all.

Competition

Information Dissemination

·        Consumer organisation, governments and regulators to undertake the task of disseminating information relating to competition in a simple manner. More participation by civil society also required.

 

Competition Bill 2001

·        Penalty structure needs reconsideration; criminal liability should be there in case of cartelisation coupled with leniency programme and protection to whistle blowers.

·        Unfair Trade Practices (UTPs) should not be transferred from Competition Law to COPRA. There may be concurrent jurisdiction.

·        Interface issues such as competition vis-à-vis regulatory commissions should be clearly identified and the competition law should have appellate jurisdiction in this area, drawing from the UK experience.

·        The IPR provisions in competition law needs reconsideration; flexibility provided under TRIPs could be optimally used through competition law.

·        Provision in the competition bill regarding policy intervention from the central government should be withdrawn.

·        Exemptions and exceptions from the competition law should be well debated and should not be used as a populist measure by the government.

·        The Competition Authority should have a mix of technical and judicial people

·        Competition Law should balance between consumer interests and business interests

·        Definition of consumers in the competition law should be broadened; education and accounting should be included in services; shares before allotment should be considered as goods

·        Two bodies could be set up for implementing competition law; one for investigation/prosecution and the other for adjudication like the South African or U.K model, in order to separate administrative & prosecutorial and judicial functions

·        There should a compulsory and regular competition audit in different sectors

 

Multi-Lateral Competition Policy

·        Enhance bi-lateral cooperation with relevant competition authorities in order to combat cross-border abuses

·        Give more teeth to the competition authority vis-à-vis M&As having international spill overs, and other cross-border competition abuses

·        Multilateral competition rules are needed with our without WTO to curb cross-border abuses where bi-lateral arrangements fail or are difficult to enter into

 

Regulation

Information Dissemination and promotion of people’s participation in the reform process

·        Greater participation by civil society in the regulatory process required.

·        Funds to be made available to build capacities of consumer organisations to understand and comprehend issues related to infrastructure regulation.

·        Consumer organisations to disseminate information to grassroots to ensure greater involvement of people in the reform process and to create a questioning society to ensure transparency in the system, leading to better governance.

·        Need to sensitise all stake holders inclusive of bureaucrats and politicians on the issue to ensure some degree of unanimity vis-à-vis the reform process and to ensure that populist policies are avoided.

 

Policy Issues

·        We should have cohesiveness in our policies – state and national

·        While large scale privatisation is required to ensure investments in the system, an environment needs to be created to instil confidence of the investors; independent regulatory framework, reductions in theft of power, improvements in plant load factor etc.

·        Quality of services to be addressed – consumer satisfaction survey to determine standards of services.

·        Telecom Sector: Tariff increase must be linked to quality of services

·        Remove barriers to competition

·        Not free but reliable electricity

·        All regulatory laws should have a common approach with defined consumer interest as an object and purpose

 

Common Issues

·        Regulatory authorities should not be a resting ground for retired judges and bureaucrats. Better compensation  to attract suitable talents to the regulatory authority be considered

 

Services

  • Free flow of Movement of Natural Persons to be allowed in order to remove asymmetries in the commitments between different modes of supply.

  • Remove barriers for the free flow of natural persons on the ground of `economic need’, `recognition of degree’ and other administrative problems such as `restrictions in visa’.

  • Respect autonomous liberalisation

  • Respect negotiating guidelines and procedures

  • India should strengthen its endeavour to increase the export of services through electronic commerce

·        For better negotiations at the WTO, qualified persons and civil society representatives should involved on a wider basis.

 

Investments

Promotion of a good investment policy

·        Enhance domestic environment for attracting as well as absorbing investments, foreign as well as domestic – good governance, emphasis on infrastructure, macroeconomic stability and commitment of the state to social development.

·        Establish an institutional base for attracting and regulating investments

·        Enhance micro level expertise such as drafting good investment contracts

  • In order to regulate FDI, take into consideration its long term impact along with its short-term gains.

  • Develop a strong competition policy

Information dissemination

  • Raise awareness and stimulate national debate on investment issues

  • Build capacity of civil society on investment issues

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