1 / 12

Bangladesh Country Advocacy Document

Bangladesh Country Advocacy Document. Iftekar Ahmed Senior Research Fellow, BEI January 2, 2006. Competition Law/Policy in Bangladesh. No Competition Policy Monopolies and Restrictive Trade Practice (Control and Prevention) Ordinance, 1970 Has not been implemented but still valid

Jimmy
Download Presentation

Bangladesh Country Advocacy Document

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Bangladesh Country Advocacy Document Iftekar Ahmed Senior Research Fellow, BEI January 2, 2006 Bangladesh Enterprise Institute

  2. Competition Law/Policy in Bangladesh • No Competition Policy • Monopolies and Restrictive Trade Practice (Control and Prevention) Ordinance, 1970 • Has not been implemented but still valid • Ordinance prohibits • Undue concentration of individual economic power • Unreasonable monopoly power • Unreasonable restrictive trade practices Bangladesh Enterprise Institute

  3. MRTP Ordinance 1970 • Relevant phrases are not properly explained • Provides for the creation of a Monopoly Control Authority to enforce the provisions of the Ordinance, but was never constituted • Never been implemented • If revived needs amendments • Need for a new law Bangladesh Enterprise Institute

  4. Most Prevalent Anti-Competitive Practices in Bangladesh Bangladesh Enterprise Institute

  5. Challenges • Challenges to instituting a competition regime are enormous • No quick and simple remedy that will be immediately effective across the board • Even if a law is drafted, past experience shows poor implementation with weak enforcement Bangladesh Enterprise Institute

  6. Develop Constituency • Targeted stakeholders for advocacy and capacity building • Government • sensitize and motivate • Business • demonstrate benefits of a competition regime • Media • galvanize wider public understanding and support • Consumers • empower to champion and act as pressure group Bangladesh Enterprise Institute

  7. Three-Step Process Step 1: Create demand • Raise awareness of stakeholders Step 2: Draft/Amend/Adopt Law • capacity building of policy makers • wide consultation Step 3: Implementation and enforcement of law • capacity building of the Competition Authority Bangladesh Enterprise Institute

  8. Strategy 1: Target Sectors • Identify priority sectors • Selection Criteria: • High visibility • Wide impact • Rapid implementation • Demonstrable benefits Bangladesh Enterprise Institute

  9. Strategy 2: Information Cell • Create an Information Cell and Consumer Hotline • Monitor abuses of market power • Generate competition status reports • Provide dialogue space for stakeholders Bangladesh Enterprise Institute

  10. Strategy 3: Consumer Awareness • Information dissemination • Conduct training on competition issues Bangladesh Enterprise Institute

  11. Strategies Step 1 Step 2 Step 3 Create Demand Draft Law Implement Law Strategy 1: Target Sectors Strategy 2: Information Cell Strategy 3: Consumer Awareness Bangladesh Enterprise Institute

  12. market business consumer competition regime Competition Authority government Trade bodies information cell Media informed consumer civil society Bangladesh Enterprise Institute

More Related