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September 21, 2020
BUSINESS

Competition Council and OCDE to revise legislation in 3 key-sectors of Romanian economy

The Competition Council and the experts of the Organisation for Economic Cooperation and Development (OECD) are going to revise the legislation in three key-sectors of the Romanian economy, to check for the existence of such stipulations hampering a good market competition, Competition Council Chairman Bogdan Chiritoiu told the project’s launch conference.
The three fields are food processing, constructions and freight transport.
‘These fields were recommended to us by the FMI for this project, for they are having an impact in the long run,’ explained Chiritoiu for Agerpres. The laws assessment will take the whole next year, following early in 2016 the OECD to publish a report with the recommendations,’ said Danvers.
The Secretary General of the OCDE, William Danvers, who attended the conference in Bucharest, showed that the organisation participated in a similar project before, in Greece, carried out in partnership with the Greek Government.  ‘We made a series of recommendations that are likely to bring 5 billion euros to the budget. The Greek government has already implemented many of our recommendations,’ said Danvers.
He also added that the improvement of the legislative framework with provisions encouraging good competition is in the people’s interest.
‘The Romanian Government will be the one to decide what to do with our recommendations but they will for sure be to the benefit of the average Romanian citizen,’ Danvers said.

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