BRICS
BRICS Competition Centre is working to set up a unified standard for monopolies control in the BRICS countries
ANI |
Updated: May 05, 2021 16:15 IST
Moscow (Russia) [India] May 5 (ANI/NewsVoir): Competition agencies worldwide are concerned by the growing concentration of capital and other resources, including data and technologies, into the hands of an ever smaller number of players.
For the BRICS countries, the problems of growing inequality and stagnating economic development are more acute than for the mature economies. The key mission of the BRICS Competition Centre will be to promote a development agenda and to reinforce the role of antitrust regulation in overcoming imbalances in the global economy.