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Reforming Rules and RegulationsLaws, Institutions, and Implementation$
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Vivek Ghosal

Print publication date: 2010

Print ISBN-13: 9780262014687

Published to MIT Press Scholarship Online: August 2013

DOI: 10.7551/mitpress/9780262014687.001.0001

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Product Market and Sector Monitoring : A New Tool Contributing to the Governance of the European Single Market

Product Market and Sector Monitoring : A New Tool Contributing to the Governance of the European Single Market

Chapter:
(p.276) (p.277) 11 Product Market and Sector Monitoring : A New Tool Contributing to the Governance of the European Single Market
Source:
Reforming Rules and Regulations
Author(s):

Adriaan Dierx

Fabienne Ilzkovitz

Publisher:
The MIT Press
DOI:10.7551/mitpress/9780262014687.003.0011

This chapter outlines a new method for identifying sectors that merit the attention of policy makers, in line with the European Commission's product market and sector monitoring initiative. The chapter is organized as follows. Section 11.2 explains the economic and political rationale for better monitoring of product markets and sectors. Section 11.3 describes the new approach developed for the organization of product market and sector monitoring within the European Union. Section 11.4 presents the main results of the horizontal screening while Section 11.5 investigates the causes of market malfunctioning in sectors identified by the screening. The final section discusses the potential benefits of applying product market and sector monitoring as a tool to improve the governance of the single market.

Keywords:   Europe, single market, product markets, sector monitoring, market regulation

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