Competition Policies for an Integrated World Economy

Competition Policies for an Integrated World Economy
Author: F. M. Scherer
Publisher: Brookings Institution Press
Total Pages: 172
Release: 1994-07-01
Genre: Business & Economics
ISBN: 9780815791713

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"Scherer has demonstrated yet again why he is one of the world's leading antitrust scholars. This book provides a much needed, in-depth study of the role of national antitrust policies in a global economy. The Antitrust Division wrestles with this question daily and this book provides a guide to us and to all those interested in antitrust policy with some important answers."—Anne K. Bingaman, Assistant Attorney General, Antitrust Division, U.S. Department of Justice. As global markets for goods, services and financial assets have become increasingly integrated, national governments no longer have as much control over economic markets. With the completion of the Uruguay Round of the GATT talks, the world economy has entered a fresh phase requiring different rules and different levels of international cooperation. Policies once thought to be entirely domestic and appropriately determined by national political institutions, are now subject to international constraints. Cogent analysis of this deeper integration of the world economy, and guidelines for government policies, are urgent priorities. This series aims to meet these needs over a range of 21 books by some of the world's leading economists, political scientists, foreign policy specialists and government officials. A volume of Brookings' Integrating National Economies Series

Competition and Trade Policies

Competition and Trade Policies
Author: Einar Hope
Publisher: Routledge
Total Pages: 307
Release: 2002-03-11
Genre: Business & Economics
ISBN: 1134704593

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The relationship between competition and trade policies, and the development of an effective competition policy for an integrated world economy, is one of the most important and challenging issues policy makers currently face. This book examines the current debates around competition and trade policy interactions, and discusses the need for new policy initiatives in an international context.

Competition Policy and Regional Integration in Developing Countries

Competition Policy and Regional Integration in Developing Countries
Author: Josef Drexl
Publisher: Edward Elgar Publishing
Total Pages: 349
Release: 2012-01-01
Genre: Business & Economics
ISBN: 1781004315

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'This wonderful volume offers a timely and important look at competition policy where it is changing the most – developing countries pursuing regional agreements. It provides superb analytical discussions of the impact of regional competition policy integration, why developing states have pursued this strategy, and the extent to which it is meeting their needs. the editors have assembled a superb roster of experts, so it is not a surprise that the book recommendations are insightful, and deserving of attention from policy makers.' – Andrew Guzman, Berkeley Law School, US This book presents a detailed study of the interface between regional integration and competition policies of selected regional trade agreements (RTAs), and the potential of regional competition laws to help developing countries achieve their development goals. the book provides insights on the regional integration experiences in developing countries, their potential for development and the role of competition law and policy in the process. Moreover, the book emphasizes the development dimension both of regional competition policies and of competition law. This timely book delivers concrete proposals that will help to unleash the potential of regional integration and regional competition policies, and also help developing countries to fully enjoy the benefits deriving from a regional market. Bringing together analysis from well-known scholars in the developed world with practical insight from scholars in countries hoping to exploit the potential of competition law, this book will appeal to academics working in the field of competition law, practitioners, policy makers and officials from developing countries, as well as those in development organizations such as UNCTAD.

Competition Policy in the Global Economy

Competition Policy in the Global Economy
Author: William S. Comanor
Publisher: Routledge
Total Pages: 462
Release: 2005-10-26
Genre: Business & Economics
ISBN: 1134766408

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This volume examines the complexities involved when international co-ordination and harmonization of competition law and policy are considered.

Global Competition Policy

Global Competition Policy
Author: Edward Montgomery Graham
Publisher: Peterson Institute
Total Pages: 620
Release: 1997
Genre: Business & Economics
ISBN: 9780881321661

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There is growing consensus among international trade negotiators and policymakers that a prime area for future multilateral discussion is competition policy. Competition policy includes antitrust policy (including merger regulation and control) but is often extended to include international trade measures and other policies that affect the structure, conduct, and performance of individual industries. This study includes country studies of competition policy in Western Europe, North America, and the Far East (with a focus on Japan) in the light of increasingly globalized activities of business firms. Areas where there are major differences in philosophy, policy, or practice are identified, with emphasis on those differences that could lead to economic costs and international friction. Alternatives for eliminating these costs and frictions are discussed, including unilateral policy changes, bilateral or multilateral harmonization of policies, and creation of new international regimes to supplement or replace national or regional regimes.

Competition Policy Analysis

Competition Policy Analysis
Author: Einar Hope
Publisher: Psychology Press
Total Pages: 264
Release: 2000
Genre: Business & Economics
ISBN: 9780415226530

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As markets become increasingly integrated and globalised, competition policy is facing new challenges. Contributions from leading international experts explore theoretical and methodological issues of practical relevance for the new competition policy order and give examples of practical policy adjustments.

Competition Policy and Global Competitiveness in Major Asian Economies

Competition Policy and Global Competitiveness in Major Asian Economies
Author: Van Hoa Tran
Publisher: Edward Elgar Publishing
Total Pages: 266
Release: 2003-01-01
Genre: Business & Economics
ISBN: 9781781957271

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This text reveals how competition policy and competitiveness are crucial to contemporary economic, financial and trade management as well as national and international governance, and focuses on contemporary major Asian economies facing increasing globalization and the prevailing influence of the WTO.

Private Law and Competition Policy in the Global Economy

Private Law and Competition Policy in the Global Economy
Author: Gralf-Peter Calliess
Publisher:
Total Pages: 40
Release: 2014
Genre:
ISBN:

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In this paper we criticize the so-called 'more economic approach' to European competition law for its disregard of the importance of a functional system of private law. The more economic approach presumes that vertical integration is an economically efficient governance-mechanism. This assumption is based on the availability of market governance as an alternative mode of governance for organizing transactions. Since the enforcement of cross-border contracts by state-organized systems of private law, however, is insufficient, 'make or buy'-decisions in international commerce are prejudiced against at arms' length transactions on markets. Consequently international transactions are integrated vertically into firm-structures to a higher degree than it is economically sensible for comparable domestic transactions, which take place in the shadow of an effective domestic system of private law. The resulting over-integration of world markets leads to reduced competitive incentives and high bureaucratic costs. Contrary to the fundamental assumptions of the 'more economic approach', vertical integration does, therefore, not per se foster consumer welfare in the global economy. Being an economically inefficient reaction to the deficits in state protection of cross-border contracts, this excess of cross-border vertical integration, however, cannot be countered by a strict world antitrust law, but only by establishing legal certainty in the enforcement of cross-border contracts. Thus, international private law policy currently seems to be the instrument of choice in promoting competition in the global economy.

Competition Policy

Competition Policy
Author: Massimo Motta
Publisher: Cambridge University Press
Total Pages: 650
Release: 2004-01-12
Genre: Business & Economics
ISBN: 9780521016919

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This is the first book to provide a systematic treatment of the economics of antitrust (or competition policy) in a global context. It draws on the literature of industrial organisation and on original analyses to deal with such important issues as cartels, joint-ventures, mergers, vertical contracts, predatory pricing, exclusionary practices, and price discrimination, and to formulate policy implications on these issues. The interaction between theory and practice is one of the main features of the book, which contains frequent references to competition policy cases and a few fully developed case studies. The treatment is written to appeal to practitioners and students, to lawyers and economists. It is not only a textbook in economics for first year graduate or advanced undergraduate courses, but also a book for all those who wish to understand competition issues in a clear and rigorous way. Exercises and some solved problems are provided.