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Harmonizing International Competition Policy - An Analysis of Costs and Benefits (Paperback)
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Harmonizing International Competition Policy - An Analysis of Costs and Benefits (Paperback)
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Master's Thesis from the year 2007 in the subject Politics -
International Politics - Topic: Globalization, Political Economics,
grade: 2.7, Ruhr-University of Bochum (European Competition
Policy), course: MA (ECUE), language: English, abstract: Since the
failure of the Havana Charter in 1947 till the success of the
combined efforts of leading antitrust authorities against mighty
Microsoft, the antitrust regime has witnessed several ups and
downs. Auf jeden Fall the journey was not an easy one. Moreover now
antitrust regime is standing at international crossroads and is
wondering about its future direction. Today, at this crucial
juncture the antitrust world is confronted with several dilemmas
simultaneously. Choices are to be made between national welfare or
global welfare, national autonomy or global regulations, the
efficiency factor or the fairness view, national champions or
global champions, collective efficiency or collective inefficiency,
WTO or ICN, the US model or the EU model and so on. It is widely
believed among experts that to overcome these dilemmas, the world
needs some truly unified international antitrust framework, which
would enable the international community to achieve optimal product
mix incorporating the best from all options and through such
optimal product mix the global community can enjoy to a large
extent advantages that competition policy has to offer. In this
direction I have examined the feasibility and viability of unifying
international competition policy in this work. Additionally, as the
title suggests I have listed out advantages and disadvantages of
such moves. Efforts for harmonization of competition laws began as
early as in 1948. Till date there are several binding and
non-binding arrangements made in the direction of harmonization.
The WTO and the EU for effective coordination in antitrust area
have launched recently new initiatives. International Competition
Network, a forum for active interaction among antitrust offi
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