The OECD will present its latest assessment of the regulatory environment in countries around the world on Wednesday, July 10.

Regulatory environments that promote competition can benefit economies and societies. By encouraging the entry and development of new and innovative businesses, competition increases the incentive for firms to innovate and adopt leading technologies. Competitive product markets improve productivity, employment, and living standards.

This OECD Product Market Regulation Indicators assess the alignment of a country’s regulatory framework with international best practices. The economy-wide indicator measures distortions of competition that can be caused by regulatory barriers to entry and expansion that firms face throughout the economy, as well as by government involvement in the economy. Sectoral indicators measure these distortions in individual sectors.

OECD Secretary General Mathias Cormann will present the latest update OECD Product Market Regulation (PMR) Indicators during a hybrid event with OECD Chief Economist Alvaro Pereira ON Wednesday, July 10, 2024starting at 14:00 CEST (12:00 GMT). Two panel discussions will assess countries’ experiences in designing pro-competitive reforms and the impact of PMR reforms on economic performance.

You can find the full meeting agenda and registration information here.

The OECD PMRs have been the leading indicator of regulatory settings for 25 years, providing a key indicator of long-term growth. The 2024 update provides a state of play for all OECD member countries, as well as nine other leading economies. Individual country notes provide more detailed information on developments in individual countries.

Journalists can request early access to the updated OECD Product Market Regulation indicators, including individual Country Notes, and thereby commit to complying with OECD embargo procedures, by sending an email to [email protected]. Early copies will be sent 24 hours before the launch.

Analysis and data from the OECD Product Market Regulation Indicators will be available at: https://oe.cd/pmr.

For further information, journalists are asked to contact Lawrence Speer or the OECD Press Office (+33 1 45 24 97 00).

The OECD is a global policy forum that works with over 100 countries to promote policies that protect individual freedom and improve the economic and social well-being of people around the world.