Principles for a Successful Competition Agency.

This article provides a framework for defining success in government agencies. Building on that definition, the article offers six guiding principles for an effective competition agency. These principles focus not just on the goals for successful policy, but also on how such policy should be created and implemented. Of course, good policy based on sound economics and profound respect for fundamental legal principles is essential. While discussing these guiding principles, the author describes the consensus that has developed regarding the proper goals of competition policy.