Competition Policies for an Integrated World Economy
Competition Policies for an Integrated World Economy

Author: F. M. Scherer

Publisher: Brookings Institution Press

Published: 1994-07-01

Total Pages: 172

ISBN-13: 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

Published: 2002-03-11

Total Pages: 307

ISBN-13: 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.

Global Competition and Integration
Global Competition and Integration

Author: Ryuzo Sato

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 589

ISBN-13: 1461551099

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Global Competition and Integration offers varied perspectives on the changing international economy. The book is divided into four main sections covering world trade and competition, innovation and growth, financial markets and globalization, and regulation, distribution, and the role of government.

Competition Policy and Regional Integration in Developing Countries
Competition Policy and Regional Integration in Developing Countries

Author: Josef Drexl

Publisher: Edward Elgar Publishing

Published: 2012-01-01

Total Pages: 349

ISBN-13: 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

Published: 2005-10-26

Total Pages: 462

ISBN-13: 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

Published: 1997

Total Pages: 620

ISBN-13: 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

Published: 2000

Total Pages: 264

ISBN-13: 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

Published: 2003-01-01

Total Pages: 266

ISBN-13: 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:

Published: 2014

Total Pages: 40

ISBN-13:

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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.