The OECD holds a roundtable on concessions

Key documents: Executive Summary with key findings, Detailled Summary of the discussion, Background note Executive summary, by the Secretariat Considering the discussion at the roundtable, the delegatesí written submissions and the Secretariatís background paper, several key points emerge: (1) A concession is an alternative to privatisation as a means of transferring the responsibility for operating state-owned assets to private hands. It is often employed in a natural monopoly or infrastructure setting, where competition in the market is difficult or impossible. It is a form of providing competition for the market, which provides many of the same benefits for consumers. An accepted definition of a concession is: a grant to a private firm of the right to operate a defined

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  • OECD - Competition Division (Paris)

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OECD, The OECD holds a roundtable on concessions, 1 February 2006, e-Competitions February 2006, Art. N° 85701

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