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Global Competition Law and Economics (Paperback, 2nd edition)
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Global Competition Law and Economics (Paperback, 2nd edition)
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This is the second edition of the acclaimed text on global
antitrust law. With markets becoming increasingly global, mergers
requiring approval in several different jurisdictions, cartels in
one nation affecting supply in others, and countries increasingly
entering into treaties with each other about the content or
enforcement of competition laws, antitrust law is now a truly
global phenomenon. Modern antitrust law is also different because
it now reflects an increasingly economic approach to analysing
antitrust and competition policy. This innovative work is the only
truly comparative and economically sophisticated casebook on the
market. Addressed to students from all jurisdictions having
competition laws, this casebook provides an in-depth analysis of
the two major global antitrust regimes in the world, as well as a
summary of selected national antitrust laws. As such it will also
serve as a useful reference for practitioners, competition
officials and policy-makers interested in competition law. In the
four years since the first edition, the increased globalization of
antitrust law has continued apace. China, the world's third largest
economy after the EU and US, has adopted an antitrust law and other
nations have modified and modernized their antitrust regimes. The
EU has adopted a new EU Treaty, new EU guidelines on abuse of
dominance, new EU guidelines on non-horizontal mergers, and new EU
regulations and guidelines on vertical agreements. In the US there
have been important new Supreme Court cases (the 2009 Linkline and
2010 American Needle decisions) and the appearance of a new
economic approach in the revised 2010 U.S. Merger Guidelines. This
new edition expands and updates the pioneering approach of the
first edition, addressing new developments not only in the US and
EU, but also in Australia, Brazil, Canada, Israel, Japan, South
Africa, and South Korea, with expanded coverage of China's new
antitrust law, and the antitrust laws of Argentina, Chile,
Colombia, Egypt, India, Indonesia, New Zealand, Peru, Russia, Saudi
Arabia, Singapore, Taiwan, Thailand, Turkey, and Venezuela. Praise
for the first edition '...worthy of considerable praise...contains
a vast collection of well-chosen material taking in a wide span of
both antitrust and merger law issues. It is well written and clear
throughout, particularly on the economic concepts, and provides
incisive commentary and questions which inspire further study.'
Peter Whelan, Cambridge Law Journal 'Enlightened law professors and
law schools will best serve their students not by teaching national
competition law but by adopting Global Competition Law and
Economics...an excellent book for introductory courses in
comparative competition law at either a graduate or undergraduate
level.' Okeoghene Odudu, Common Market Law Review '...the best
four-and-a-half centimetres of shelf-space that I have seen devoted
to competition law and policy issues for a very long time".' Yvonne
van Roy, New Zealand Law Journal 'Free from the
ideologically-driven perspective that can affect other antitrust
casebooks, this is also the first casebook organized from inception
with an eye directly on the global context...this book may be used
in a classroom in Europe just as it will be used in the U.S. The
result is a highly welcome contribution to the evolution of
competition studies.' Judge Douglas Ginsburg '...this book is the
only one on the market that is extremely well suited for use in a
comparative antitrust law class...an extraordinarily teachable book
that contains everything you might want to present...Finally, the
comparative antitrust field has a standard textbook to use. And a
wonderful standard it is.' Robert H Lande, University of Baltimore
Law School
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