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Global: United Nations looks to competition policy for sustainable growth

 |  July 28, 2014

The United Nations Conference on Trade and Development held its latest meeting earlier this month to discuss how competition policy could support sustainable development in emerging economies.

The UNCTAD posed on its Website an overview of the event, held in Geneva. The gathering allowed officials from the Organization for Economic Co-operation and Development, the World Intellectual Property Organization, and the World Trade Organization to discuss how competition laws could enable a competitive business environment.

Antitrust laws, the officials said, promote long-term economic growth, which is directly correlated to sustainable development.

Along with competition law, intellectual property law and other legal factors all intertwine to promote economic development, the event-goers concluded.

Full content: UNCTAD

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