Assessment of restrictions in the supply of professional services

competition-regulation-and-business||0competition-economics||116market-studies||27
Practice area: Competition & Antitrust | Competition Economics | Market studies
Client: N/A
Published: March, 2003
Keywords: qualitative analysis quantitative analysis

The London Economics/Indecon report analyses competition and restrictions in eight professions in 3 sectors: engineers and architects, medical practitioners, veterinary surgeons, dentists and optometrists in the medical sector and solicitors and barristers in the legal sector. The report notes that three types of restrictions are common across the eight professions. These are restrictions on entry to each profession, limitations on the amount of advertising practitioners can undertake and, with the exception of architects, engineers and optometrists, restrictions on the organisational form of professional associations.