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THE JOURNAL OF ECONOMIC SCIENCES: THEORY AND PRACTICE

intervene. The agency should suggest alternative policy measures to

address competition concerns. Compromises may often have to be made
so that the government can achieve other socioeconomic objectives.

- Competition advocacy should be conducted in an open,
transparent manner in order to safeguard the integrity and credibility of

the competition agency. When confidentiality is required, the

competition agency should publish news releases explaining why.
- Competition advocacy is likely to be most effective if the

competition agency is independent and insulated from political and
bureaucratic interference.

- An informed business press is invaluable for furthering the

objectives of competition law policy. Competition agencies need to
establish good media relations and explain the role and importance of

competition law policy as an integral part of the governments' economic
framework.

References

1. Act Against Restraints of Competition of 1957.Germany
2. American Bar Association Section of Antitrust Law, 2002

Annual Review of Antitrust Law Developments (2003).

3. American Bar Association Section of Antitrust Law, Antitrust
Law Developments. Volumes I and II (5th ed. 2002).

4. Competition Act of 14 January 1993. Sweden
5. Competition Act of 1985. Canada

6. OECD (Organization for Economic Co-operation and
Development). 1993. The Glossary of Industrial Organization

Economics and Competition Law. Paris.

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