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International Competition Policy - Maintaining Open Markets in the Global Economy (Paperback)
Loot Price: R977
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International Competition Policy - Maintaining Open Markets in the Global Economy (Paperback)
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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.
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