The Competition Committee holds occasional “hearings” to address strategic issues outside the core competition domain and to improve the analysis in such areas where competition can be meaningful. A hearing on Competition and Credit Rating Agencies was held in June 2010. This document...

The net replacement rate is defined as the individual net pension entitlement divided by net pre-retirement earnings, taking into account personal income taxes and social security contributions paid by workers and pensioners. It measures how effectively a pension system provides a retirement...