International days are
observed in various areas of governance to focus
attention of the society to burning and vital issues.
Such observances in the developing world are always very
helpful to accelerate the agenda.
A campaign to ensure that
consumers from across the world realise the potential
benefits from an effectively implemented competition
regime, and also play their role in making competition
regimes work worldwide, it is critical that focus on
competition policy and law issues at an international
level be strengthened. This can be achieved through the
adoption of a World Competition Day. Therefore, CUTS
proposes that the 5th of December be declared a
World Competition Day. The 5th of December 1980,
saw the Set of Multilaterally Agreed Equitable
Principles and Rules for the Control of Restrictive
Business Practices (UN Set), which had been approved by
the UN Conference on Restrictive Business Practices.