Global competition : law, markets, and globalization
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Bibliographic Information
Global competition : law, markets, and globalization
Oxford University Press, 2012, c2010
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"First published in paperback 2012"--T.p. verso
Includes bibliographical references (p. [347]-390) and index
Description and Table of Contents
Description
Global competition now shapes economies and societies in ways unimaginable only a few years ago, and competition (or 'antitrust') law is a key component of the legal framework for global competition. These laws are intended to protect competition from distortion and restraint, and on the national level they reflect the relationships between markets, their participants, and those affected by them. The current legal framework for the global economy is provided,
however, by national laws and institutions. This means that those few governments that have sufficient 'power' to apply their laws to conduct outside their own territory provide the norms of global competition. This has long meant that the US (and, more recently, the EU) structure global competition, but
China and other countries are increasingly using their economic and political leverage to apply their own competition laws to global markets. The result is increasing uncertainty, costs, and conflicts that burden global economic development.
This book examines competition law on the global level and reveals its often complex and little-understood dynamics. It focuses on the interactions between national and international legal regimes that are central to these dynamics and a key to understanding them.
Part I examines the evolution of the current global system, the factors that have shaped it, how it operates today, and recent efforts to alter that system-e.g., by including competition law in the WTO. Part II focuses on national competition law systems, revealing how national laws and experiences shape global competition law dynamics and how global factors, in turn, shape national laws and experiences. It examines the central roles of US and European law and experience, and it also pays close
attention to countries such as China that are playing increasingly important roles in the global competition law arena. Part III analyzes current strategies for improving the legal framework for global competition and identifies the factors that may contribute to a system that more effectively
supports global economic and political development. This analysis also suggests a pathway for moving toward that goal.
Table of Contents
- 1. Law, Competition, and Global Markets
- PART I SOVEREIGNTY AS THE FRAMEWORK FOR GLOBAL COMPETITION
- 2. Global Competition Law: A Project Conceived and Abandoned
- 3. Sovereignty as a Solution: Extending the Reach of National Laws
- 4. Globalization and Competition Law: Conflict, Uncertainty, and the Promise of Convergence
- PART II DOMESTIC EXPERIENCE AND GLOBAL COMPETITION LAW
- 5. US Antitrust Law: Model and Lens
- 6. Competition Law in Europe: Market, Community, and Integration
- 7. Globalization, Development, and 'Other Players': Widening the Lens
- PART III COMPETITION LAW AS A TRANSNATIONAL PROJECT
- 8. Convergence as Strategy: Scope and Limits
- 9. Reconceiving Competition Law for Global Markets: Agreements, Commitments, and Pathways
- 10. Global Competition and Law: Trajectories and Promises
by "Nielsen BookData"