OECD

Cooperation within the OECD is beneficial for Finland, as many OECD countries apply the same theory of harm related to antitrust violations in the application of competition law. The importance of the cooperation is highlighted by the fact that competition authorities are expected to apply a more economic approach in the assessment of antitrust violations. The OECD is an excellent forum for the discussion of harm theory thinking, as it also allows the discussion of competition topics with competition regimes outside the EU.

In 2017, the FCCA prepared a country report on Finnish competition policy for the OECD meetings, as well as a report on the coordination of financial market regulation and competition.

Other themes discussed in the OECD Competition Committee and its working groups included road transport competition and innovations, the definition of geographical markets, merger conclusion processes, big data, price discrimination, the independence of competition authorities, energy market innovations, the connection between procurement and wider competition policy, market and sector studies methodologies, aftermarkets, multi-sided markets, algorithms, safe harbours and legal presumptions in competition law, the impact of institutional investors on the concentration of the markets, and multinational cross-border situations in the case of conditions imposed on mergers.

Together with the delegation of Finland to the OECD, the FCCA’s particular focus is on the competition restrictions created by government. The action plan of the OECD delegation specifies that the goal of the FCCA and the delegation is that the markets remain open to competition and that any protectionist trends are responded to as necessary in a similar manner as to antitrust violations in which barriers to entering the market are created “under government direction”.