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Comments on competition policy and labour markets

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  • Marcel Boyer

Abstract

Traditionally, labour concerns have not been top-of-mind when considering competition policy, but the current approach to wage-fixing, anti-poaching, and anti-mobility agreements between firms has been one of the main reasons behind recent Parliamentary attention to competition policy and labour markets. Key stakeholders in academic and policy circles have called for more robust enforcement regarding monopsony / oligopsony power in labour markets, when assessing mergers and acquisitions for example, as well as regarding market power in labour representation (unions) and certification as entry barriers in labour markets. The objective here is to identify the numerous challenges and pitfalls in assessing the level of competition on labour markets, both supply and demand, and in addressing remedies if necessary. To download the French Version Traditionnellement, les préoccupations liées au travail ne constituent pas un enjeu majeur lors de l’examen de la politique de la concurrence, mais l’approche préconisée à l’égard des accords de fixation des salaires, de non-débauchage et de non-mobilité entre les entreprises est l’une des principales raisons qui expliquent l’attention portée récemment par le Parlement à la politique de la concurrence et aux marchés du travail. Les principaux intervenants des milieux universitaires et politiques ont demandé une mise en application plus rigoureuse en ce qui concerne le pouvoir des monopsones/oligopsones sur les marchés du travail, par exemple lors de l’évaluation des fusions et des acquisitions, ainsi qu’en ce qui concerne le pouvoir de marché associé à la représentation des travailleurs (syndicats) et à l’accréditation professionnelle à titre d’obstacles à l’entrée sur le marché du travail. L’objectif ici est de recenser les nombreux défis et pièges dans l’évaluation de l’intensité de la concurrence sur les marchés du travail, tant au niveau de l’offre que de la demande, de même que dans la recherche de recours, s’il y a lieu. Pour télécharger le rapport en français

Suggested Citation

  • Marcel Boyer, 2022. "Comments on competition policy and labour markets," CIRANO Working Papers 2022s-21, CIRANO.
  • Handle: RePEc:cir:cirwor:2022s-21
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    File URL: https://cirano.qc.ca/files/publications/2022s-21.pdf
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    More about this item

    Keywords

    Competition; Cartels; Prices; Salaries; Certification; Market power; Mergers and acquisitions; Creative destruction; concurrence; cartels; prix; salaires; certification; pouvoir de marché; fusions et acquisitions; destruction créatrice;
    All these keywords.

    JEL classification:

    • D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
    • K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
    • L12 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Monopoly; Monopolization Strategies
    • L44 - Industrial Organization - - Antitrust Issues and Policies - - - Antitrust Policy and Public Enterprise, Nonprofit Institutions, and Professional Organizations

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