Competitive Neutrality

Competitive neutrality is a principle in competition policy that ensures all businesses, whether public or private, compete on a level playing field. This means that government-owned enterprises should not have unfair advantages, such as subsidies or lower taxes, over private companies. By promoting fair competition, competitive neutrality helps create an efficient market, encourages innovation, and benefits consumers through better products and services. Ultimately, it aims to ensure that no business, regardless of ownership, can gain an edge simply because of its relationship to the government.