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.
BRICS Competition Centre working for monopolies control
ANI
05 May 2021, 21:18 GMT+10
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.
The establishment of the BRICS Competition Centre is aimed at providing a platform for close cooperation between BRICS competition authorities and leading academics in the field, as well as bringing together policy makers across all the BRICS countries to set the agenda for future enforcement action.