Global Competition Policy

Global Competition Policy

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 for Small Market Economies

Competition Policy for Small Market Economies

Michal Gal's thorough analysis shows the effects of market size on competition policy, ranging from rules of thumb to more general policy prescriptions, such as goals and remedial tools. Competition policy in small economies is becoming increasingly important, since the number of small jurisdictions adopting such policy is rapidly growing. Gal's focus extends beyond domestic competition policy to the evaluation of the current trend toward the worldwide harmonization of policies.

The Interface Between Intellectual Property Rights and Competition Policy

The Interface Between Intellectual Property Rights and Competition Policy

The purpose of this book is to examine the experience of a number of countries in grappling with the problems of reconciling the two fields of competition policy and intellectual property rights. The first part of the book indicates the variation in legislative models as well as the wide variety of judicial and administrative doctrines that have been used. The jurisdictions selected for study are the three major trading blocks with the longest experience of case law (the EU, the USA and Japan) and three less populous countries with open economies (Australia, Ireland and Singapore). In the second part of the book we look at a number of issues closely related to the interface between competition law and intellectual property rights. Separate chapters analyse the issue of parallel trading and exhaustion of IPRs, the issue of technology transfer, and the economics of the interface between intellectual property and competition law.

International Competition Policy

Maintaining Open Markets in the Global Economy

International Competition Policy

This book is a welcome and timely addition to the library of materials exploring the implications of the move from internationalisation of trade towards globalisation. Michael Hutchings, European Competition Law Review This book provides an excellent introduction to the difficult and important issues surrounding international trade and competition policy. Douglas A. Irwin, Dartmouth College, US The opening up of world markets, rapid growth of trade and foreign direct investment create manifold problems for competition policy. Thus, international mergers may have adverse effects on many countries, international cartels may carve up world markets and dominant firms may seek to maintain their global position by exclusionary conduct. These problems have been recognised for more than half a century and some attempts have been made internationally to address them, so far with limited success. This progressive book seeks to explore the problems and concerns that globalisation has created for competition policy. The book begins by setting out the principles of competition and trade policies, and then goes on to address the impact of market globalisation on what are usually thought of as traditional antitrust concerns. These include the analysis of the difficulties arising from collusion and other restrictive practices, government sponsored voluntary co-operation , vertical restrictions and market access, pricing strategies of dominant firms and international mergers, all illustrated with a number of prominent case studies. The author concludes with an illuminating discussion on the feasibility of international co-operation on competition policy, the faltering progress that has been made so far and the prospects for future advances. This comprehensive volume will prove to be an invaluable resource to students and scholars of law and economics. It will also find wide appeal amongst researchers, policy makers and practitioners with an interest in industrial organisation, antitrust policy and globalisation.

European Community Competition Policy 1996

26th Report on Competition Policy

European Community Competition Policy 1996

Examines the structural factor of competition policy in the European Community. Discusses the antitrust issue in various areas of business (the information society, transport, energy, sport & competition, & financial services), state monopolies & monopoly rights (telecommunications, energy, postal services, & transport) , merger control, state aid, international cooperation (Central & Eastern Europe, U.S., WTO, & the OECD), & information policy. Provides an outlook for 1997 & includes an annex of case studies discussed in the report. Charts & tables.

New Developments in UK and EU Competition Policy

New Developments in UK and EU Competition Policy

Major developments have recently taken place in competition and antitrust policy in both the UK and EU. Following an informative overview, this timely book presents authoritative accounts of recent changes and clear analyses of current policy. As well as discussing new developments in policy towards monopolies, mergers, cartels and state aids, it features chapters on the treatment of vertical restraints and regulated industries. The book also includes a discussion of the relationship between competition policy and intellectual property rights, and concludes with a forward-looking assessment.

Comparative Competition Policy

National Institutions in a Global Market

Comparative Competition Policy

This book provides definitive (and in some cases unique) studies of the six 'model' regimes of the USA, Germany, Japan, the United Kingdom, and the European Union. Each chapter is written by eminent country specialists, is based on original research, and is up to date. The comparative dimension is presented in explicit introductory and concluding chapters but the comparison is also set in the context of the globalization of economic activity and the internationalization of policy.

Competition Policy

Theory and Practice

Competition Policy

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.

The Influence of National Competition Policy on the International Competitiveness of Nations

A Contribution to the Debate on International Competition Rules

The Influence of National Competition Policy on the International Competitiveness of Nations

This fascinating book offers up a window on one of today’s key areas relating to globalization. The matter in question is to what extent national competition policy has to be regarded as a factor of international competitiveness. Should national antitrust policy be given priority over international antitrust rules?

Competition Policy Analysis

Competition Policy Analysis

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.