Abstract
Traditionally, labour concerns have not been top-of-mind when considering competition policy, but the current approach to wage-fixing, anti-poaching, and anti-mobility agreements between firms has been one of the main reasons behind recent Parliamentary attention to competition policy and labour markets. Key stakeholders in academic and policy circles have called for more robust enforcement regarding monopsony / oligopsony power in labour markets, when assessing mergers and acquisitions for example, as well as regarding market power in labour representation (unions) and certification as entry barriers in labour markets. The objective here is to identify the numerous challenges and pitfalls in assessing the level of competition on labour markets, both supply and demand, and in addressing remedies if necessary.
JEL codes
- D43: Oligopoly and Other Forms of Market Imperfection
- K21: Antitrust Law
- L12: Monopoly • Monopolization Strategies
- L44: Antitrust Policy and Public Enterprises, Nonprofit Institutions, and Professional Organizations
Reference
Marcel Boyer, “Comments on Competition Policy and Labour Markets / Commentaires sur la politique de la concurrence et les marchés du travail”, July 2022.
See also
Published in
July 2022