Аnalysis of international practices of evaluation the efficiency of implemented competition policy and the performance of the competition authority

Abstract

The paper systematizes international practices devised by competition authorities of foreign countries and OECD to evaluate efficiency of competition policy and performance of competition authorities. The author analyses particular methods for evaluating competition policy efficiency applied by some foreign countries and OECD: report procedure, «ex post» analysis of enforcement efforts and a method providing for analysis of macro-level economic indicators.The report procedure is aimed at evaluating the work of antimonopoly bodies in general and for each group of actions undertaken by a competition authority. Such approach does not allow evaluating an impact upon a particular market.«Ex-post» evaluation provides insight into actual changes on the markets as a result of intervention by competition authorities. This method is an addition to the report procedure. Macroeconomic indicators (labour productivity, employment, level of investments and innovations, household expenses) can be used as performance indicators of a competition authority directly involved in establishing and supporting competitive conditions if an estimate is cleared from other factors that do not depend on actions of a competition authority.