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Press Release 18/2006
Global Competition Review awards the Competition Authority
a higher international ranking
The prestigious international publication on competition and regulation, the
Global Competition Review, awarded the Competition Authority 3.25 stars when
ranking the “senior” competition regulation agencies in the world. To rank the
organizations, 38 agencies in countries throughout the world were analyzed.
In comparison to the classifications awarded last year, in the present year, which
includes two new entries, there are 23 authorities with the same result, five who
have moved down and seven who have improved their position. The Portuguese
Competition Authority is among those given a higher classification.
The Global Competition Review goes on to say that the improvement over the result
for 2005, when it awarded 3 stars, reflects the Authority’s progress in
accomplishing its mission.
Among the agencies with a lower rating than the Competition Authority are
those in countries such as Austria, Norway, Switzerland, Belgium, Brazil, Israel,
Poland, Spain and Greece.
The top places, with 4.5 stars, went to the European Commission (DG
Competition), the United Kingdom Competition Commission and the US
Department of Justice (antitrust division).
In the response to the inquiry carried out in respect of the Competition
Authority, the external observers stressed that, though it was only set up in 2003,
the Authority “is in a phase of consolidation” and “has reached cruising speed”.
The external observers emphasized the quality of the specialist staff in the fields
of economics and law. The GCR points out that the Authority “has 11 economists
with PhDs in relevant fields, which is well above the average”, also stressing that 15%
of the CA’s personnel have private sector experience. The Global Competition
Review also adds the evaluation: “The team and the leadership are good, in spite of
the fact that resources are limited.”
Merger control, the fight against cartels, and institutional efficiency were pointed
out as areas in which the Authority excels.
Lisbon, 18 July 2006