Market Studies and Other Market Analysis Tools
Overview of Secretariat Paper
Richard May OECD Competition Division
Market studies come in different forms but share legal frameworks and practices
Range of market analysis tools and names
Significant convergence in powers:
Market studies can have multiple purposes and outcomes
Generally seek to promote competition in a sector
Most jurisdictions have the power to conduct market studies
During market studies most authorities can compel the provision of information
Common best practices have emerged
Studies are usually carefully selected
Sufficient time should be allowed
Stakeholder feedback and other analyses inform market studies
Fair process and procedures for confidential information are important
Market studies have challenges and limitations
Market studies are a vital tool but not a substitute for enforcement
Market studies are not without risks or costs
Ex-post evaluations of market studies could be more common
Market Investigation powers growing in prominence but still rare
• Potential benefits but also costs and limitations
• “With great power comes great responsibility”
Co-operation and joint market studies
Joint studies Domestic International
Potential benefits Synergies Greater standing
Tackle broader issues Challenges and limitations