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Enforcing the Competition Law in Namibia A Toolkit - cuts ccier

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y <strong>the</strong> Korean Fair Trade Commission (KFTC) <strong>in</strong> 2003 found that <strong>the</strong> benefit(consumer welfare <strong>in</strong>creases and <strong>in</strong>come transfers) outweighed <strong>the</strong> costs(KFTC’s budget) of competition law enforcement <strong>in</strong> 2000 and 2001 by 34times 2 .A study carried out on <strong>the</strong> Australian economy estimated <strong>the</strong> expected benefitsfrom a package of competition-promot<strong>in</strong>g and deregulatory reforms (<strong>in</strong>clud<strong>in</strong>gimprovements <strong>in</strong> <strong>the</strong> competition rules) would create annual ga<strong>in</strong>s <strong>in</strong> realgross domestic product (GDP) of about 5.5 percent, or AU$23bn (US$20bn),of which consumers would ga<strong>in</strong> by almost AU$9bn (US$7.96bn) – <strong>in</strong> additionto <strong>in</strong>creases <strong>in</strong> real wages, employment and government revenue 3 .In terms of acknowledgement, we must thank <strong>the</strong> DFID and NORAD, whohave supported this publication, and Rahabeam Shilimela, Dr S Chakravarthy,Pradeep S Mehta, John Preston, David Ong’olo and Alice Pham to havecommented extensively on <strong>the</strong> draft and helped us to develop this toolkit.F<strong>in</strong>ally, <strong>in</strong> conclusion, let us reiterate that a competition regime and itsimplementation is dynamic. Hence, this toolkit should be considered as such,ra<strong>the</strong>r than a f<strong>in</strong>al word. Readers are <strong>in</strong>vited to share <strong>the</strong>ir views atc-cier@<strong>cuts</strong>.org.Pradeep S MehtaSecretary General1 See Caceres, A (2000), “Indecopi’s first seven years” <strong>in</strong> Beatriz Boza, ed., The Role of<strong>the</strong> State <strong>in</strong> <strong>Competition</strong> and IP Policy <strong>in</strong> Lat<strong>in</strong> America: towards an academic audit ofIndecopi, Lima.2 Chapter on Korea by Joseph Seon Hur <strong>in</strong> <strong>Competition</strong> Regimes <strong>in</strong> <strong>the</strong> World — A CivilSociety Report, Pradeep S Mehta (Ed), CUTS and INCSOC, 20063 http://www.unctad.org/en/docs//c2em_d10.en.pdf<strong>Enforc<strong>in</strong>g</strong> <strong>the</strong> <strong>Competition</strong> <strong>Law</strong> <strong>in</strong> <strong>Namibia</strong>: A <strong>Toolkit</strong>iii

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