The OECD holds a roundtable on competition policy and procurement markets

Key documents: Executive Summary with key findings, Detailled Summary of the discussion, Background note Executive summary, by the Secretariat In the light of the background paper, the country submissions and the oral discussion the following points emerge: (1) Procurement - the purchase of goods and services by public and private enterprises - constitutes a substantial fraction of economic activity. Efficient procurement involves choosing the supplier who can supply the desired goods or services at the lowest price (or, more generally, the best “value for money”). Practices such as collusion, bid-rigging, fraud and corruption prevent efficient procurement. The stronger the incentive on the overall enterprise for efficiency, the stronger the incentive to control all inefficient

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  • OECD - Competition Division (Paris)

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OECD, The OECD holds a roundtable on competition policy and procurement markets, 1 June 1998, e-Competitions June 1998, Art. N° 85756

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