html5-img
1 / 16

Competition Law and Policy for Development: Insights from Nepal

Competition Law and Policy for Development: Insights from Nepal. Dhrubesh Chandra Regmi South Asia Watch on Trade, Economics & Environment (SAWTEE) . Introduction. Competition Issues in Nepal . Nepal adopted Market oriented policies

leala
Télécharger la présentation

Competition Law and Policy for Development: Insights from Nepal

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. Competition Law and Policy for Development:Insights from Nepal Dhrubesh Chandra Regmi South Asia Watch on Trade, Economics & Environment (SAWTEE)

  2. Introduction

  3. Competition Issues in Nepal • Nepal adopted Market oriented policies • Need to develop competitiveness of the domestic industries. • Optimum allocation of resources • Consumer Protection

  4. Nature of Market / Competition • Manufacturing Sector • Utilities • Services

  5. Sectoral Policies • Telecommunications Sector • Financial Sector • Civil Aviation Sector • Power Sector

  6. Anti-competitive Practices in Nepal • Predatory Pricing • Tied Selling • Collusive Bidding or Tendering • Resale Price Maintenance • Creation of Artificial Scarcity • Price Discrimination • Unreasonably high Price • Syndicate System • Cartel

  7. Competitive and Anti-Competitive Legal Provisions • 1935 – First Legal Order related to Competition in Nepal • 1960 - Essential Commodities Regulation Act • 1962 - Postal Act/ Royal Nepal Airlines Corporation Act • 1963 - Government Finance and Tender Management Act • 1964 - Nepali Language Publication Corporation Act/ Prohibition to Foreign investment Act • 1966 - Food Act • 1976 - Feed Act • 1968 - Standard Measurement and Weight Act/ National Insurance Corporation Act

  8. Competitive and Anti-Competitive Legal Provisions …. • 1971 - Local Administration Act/ Education Act • 1975 - Black Marketing and Certain Other Social Offences Act • 1978 - Drug Act • 1980 - Nepal Standard (Certification Mark) Act • 1983 - Nepal Petroleum Act • 1984 - Nepal Electricity Authority Act • 1987 - Garbage Collection Act

  9. Competitive and Anti-Competitive Legal Provisions …. • 1990 - The Constitution of Kingdom of Nepal / Citizen Investment Fund Act • 1992 - Industrial Enterprises Act/ Vehicle and Transportation Act Electricity Act/Insurance Act/ Foreign Investment and Technology Transfer Act • 1993 - Privatisation Act • 1996 - Telecommunication Act/ Nepal Civil Aviation Authority Act • 1997 - Consumer Protection Act; • 1998 - Iodized Salt Act • 2001 - Income Tax Act/ Nepal Rastra Bank Act

  10. SAWTEE in the scenario • SAWTEE has been actively involved since 1999. • Advocating for the need of a Competition law in Nepal • Promoting Competition Culture • Creation of networks and pressure groups • Capacity building workshops

  11. SAWTEE's Experience • Till date there is no well-defined competition policy in Nepal and no comprehensive legislation-draft ready yet not enacted • Nepal Government has committed to enact competition during its accession to the WTO (July 2004) • SAWTEE has been actively involved in pressurising the government to enact competition law • SAWTEE has also emphasised on the importance of an Independent Competition Commission

  12. Draft - Competition Bill • Objectives • Make the national economy competitive through open and liberal market economy • Develop independent market in the country through optimal and equitable distribution and utilisation of national resources • Benefit the consumer by ensuring healthy competition in the goods and services sector • Control anti-competitive practices

  13. Provisions • Anti competitive Agreements • Abuse of dominance • Mergers and Acquisition • Monopolies • Restrictive Business Practices • Competition Promotion Commission • Other Important Features of the Bill

  14. Success - Elusive • Unstable governments over the past few years • Business Community still apprehensive • Unorganised Consumers • Awareness among stakeholders

  15. Competition Law not enough • Other issues to be addressed • Supply side Constraints • Access to credit • Good governance

  16. Thank You

More Related