The EU Perspective: Fostering Competition in Professional Services OECD Workshop on Regulatory Barriers to Competition in Professional Services: Measurement and Reform Experiences 18-19 November 2021 Manol BENGYUZOV
EUROPEAN COMMISSION DG GROW
Professional Services in the EU • Importance of services for the EU economy • Services ~ 70% of EU added-value and employment / Business services ~ 13-14% of EU value-added and employment
• Importance of professional services and the Single Market • Regulation / restrictions / competition / economic performance • Addressing market failures • May create barriers to competition and growth
• Initiatives aimed at: • Reducing unjustified barriers and enhancing the Single Market for services • Supporting MSs in creating regulatory environment conductive to growth and jobs
Analytical work to support the efforts for improving the regulatory environment • Intensive analytical work in the last decade • Current / Recent studies • Competition and its economic outcomes in selected business services professions in the EU
• Study on the impact of regulatory environment on digital automation in professional services • Behavioral studies
• Mapping and assessment of legal and administrative barriers in the services sector • https://data.europa.eu/doi/10.2873/690757 • Estimation of the economic impact of removing the barriers
Updating the Reform Recommendations for Regulation in Professional Services (SWD(2021) 185 final) • The Reform Recommendations • The Restrictiveness Indicator • 7 professions/sectors (architects; civil engineers; accountants/ tax advisers; lawyers; patent/trademark agents; real estate agents; tourist guides) • Restrictions analyzed (regulatory approach; qualification requirements; other entry restrictions; exercise requirements)
• Not much progress following the 2017 reform recommendations
Improving the regulatory and competitive environment in the Single market for services • Monitoring and dialogue with MSs and stakeholders • Recovery and Resilience Facility
• European Semester • Enforcement actions • Initiatives under the Updated Industrial Strategy • Full enforcement of Services Directive • Standards for key business services • Common form in an electronic format for the declaration of posting of workers
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