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Global Competition Policy (Paperback, New)
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Global Competition Policy (Paperback, New)
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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.
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