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Pro-competitive industrial policy

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Abstract

Recent global developments, and a number of serious crises, have led to large government interventions in many jurisdictions, driving a debate on whether there is a need to rethink the role of industrial policy in modern economies. This paper explores how to use industrial policy and make it pro-competitive. Competition authorities can play a crucial role in strengthening the impact of industrial policy: by ensuring that competition principles remain a cornerstone of carefully designed industrial policy. Moreover, competition enforcement keeps markets more competitive, laying a good foundation for industrial policy.

Suggested Citation

  • Oecd, 2024. "Pro-competitive industrial policy," OECD Roundtables on Competition Policy Papers 309, OECD Publishing.
  • Handle: RePEc:oec:dafaac:309-en
    DOI: 10.1787/7c6b4708-en
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