Competition policy can usefully inform broader policy objectives

Competition is not always a priority for government departments: competition agencies can offer useful advice and insight on unintended market effects of government measures and help ensure that the benefits of competition are properly understood and taken into account in policy-making.

For example, as governments consider a range of reforms to the regulatory framework governing financial markets, it is important that they are mindful of the competitive impact of those regimes and seek to promote greater levels of competition in affected markets, relying on competition agencies to provide guidance on how they can achieve that end.