Competition and sustainability: criteria applied in the analysis of sustainability agreements between competitors
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Resumo
Objective: this paper aims to contribute to the discussion about the competitive assessment of sustainability agreements between competitors by identifying and analyzing the position of various competition agencies on the subject. The hypothesis is that competition authorities have rarely addressed the issue, and, when this has been done, they have not yet provided criteria adapted to the economic challenges of the environmental problem, especially when it comes to quantifying benefits.
Method: a range of documents from 29 jurisdictions were mapped, with the purpose of determining how many and which authorities have already taken a stand in the debate and what criteria is being applied.
Conclusions: the data collected indicate that only 13 of the 29 jurisdictions analyzed have expressed a view on the subject, with different perspectives coexisting among the jurisdictions. We found fragmented guidance and recurring reliance on traditional consumer welfare tools that struggle to account for environmental externalities. Our review identifies five recurring and non-cumulative assessment criteria across jurisdictions: (i) prevention of the exchange of sensitive information; (ii) voluntary participation and possibility of adhesion by third parties; (iii) limitations on combined market share of participants and market coverage; (iv) time limitations on the agreements; and (v) preservation of other competitive aspects. We also document emerging, but sparse, approaches to out-of-market and collective benefits. By mapping these patterns, this paper intends to clarify the current regulatory landscape and to provide a structured foundation to help reduce legal uncertainty and foster sustainability-oriented collaborations.
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