MAR 23 DE ABRIL DE 2024 - 04:38hs.
Competition Advocacy Contest 2017-2018

The World Bank rewards LOTEX privatization process

The International Competition Network (ICN) and the World Bank Group (WBG) announced the winners of the 2017-2018 Competition Advocacy Contest. The process of granting the Brazilian Instant Lottery won the highest award, among other countries. 'The Secretary of Economic Monitoring of the Ministry of Finance has led the pro-competition regulatory reform to open the lottery markets for private participation. This initiative also illustrates successful results of SEAE's increasingly proactive advocacy role,” says the basics of the award.

The official website of the recognized body explains the reasons for the choice:

The Secretary of Economic Monitoring of the Ministry of Finance (SEAE) has led a pro-competition regulatory reform to open the lottery markets for private participation, a sector under statutory public monopoly since 1962. The introduction of market competition and private participation through a competitive bidding process is expected to expand lottery revenues from 0.21% of GDP in 2016 to 1% of the GDP in 10 years, in benefit of both consumers and the country’s fiscal landscape.  This initiative also illustrates successful results of SEAE’s increasingly proactive advocacy role.

Process of LOTEX integrated the Theme 2 group “Creating Markets for private sector development”: Stories awarded in this category illustrate the role that competition advocacy can play in opening markets previously completely closed to the private sector through competitive market mechanisms while raising the need to complement market opening with the elimination of anticompetitive regulation that unjustifiably discriminates against certain players or provides incentives for firms not to compete on the merits.

Brasilian Secretary of Economic Monitoring of the Ministry of Finance was chosen as winner in this category as well as Serbian Antitrust Authority (SAA) and The National Commission for the Defense of Competition (CNDC) and The Federal Antimonopoly Service of Russia (FAS).

By showcasing success stories of effective competition advocacy, the contest aims to raise awareness of the key role played by competition agencies, government entities and non-governmental organizations in promoting competition.

The winners and honorable mentions will be invited to present their stories at the Advocacy Group Session during the ICN Annual Conference in India. The winners and honorable mentions will also be featured in a joint publication.

Winning stories as well as stories worthy of honorable mention were selected among 50 entries submitted by both government authorities and non-governmental organizations from 30 jurisdictions around the world, divided in the following themes:

Theme 1: Prompting structural reforms in key sectors

Theme 2: Creating Markets for private sector development

Theme 3: Reaping the benefits of globalization and trade openness

Theme 4: Improving administrative procedures to remove obstacles to competition

The winners and honorable mentions of the 2017-2018 Competition Advocacy Contest were selected by the following panel (in alphabetical order):

  • Eleanor M. Fox, Walter J. Derenberg Professor of Trade Regulation, New York University School of Law
  • Martha Martinez Licetti, Global Lead, Markets and Competition Policy, Macroeconomics, Trade and Investment Global Practice, World Bank Group
  • Mariana Tavares de Araujo, Senior Partner, Levy & Salomão Advogados
  • Christine Zhenwei Qiang, Practice Manager, Investment and Competition Unit, Macroeconomics, Trade and Investment Global Practice, World Bank Group

Source: GMB