Regulation of professional services and network industries is particularly relevant
because they play an important role as intermediate inputs.
Close to 100% of the services
produced by lawyers and notaries, building engineers and architects in Germany are
In telecommunications, this share is 50%. Empirical evidence suggests that
steps to make regulation as competition-friendly in the professional services as in one of
the best-performing OECD country in this regard, the United Kingdom, suggests that
productivity throughout the German economy could rise by 2% (IWU, 2015).
notary services has brought economic benefits for example in the Netherlands and the UK