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Globalisation is characterised by institutional and political
reforms in many countries such as gradual trade liberalisation and
international co-ordination of policies. Moreover, globalisation
has created centres of power that are alongside, even in
competition, with the power of states. Innovation demands extensive
up-front R&D costs and strong intellectual property protection
is not disconnected from competition principles, but rather, is a
vital part of antitrust policy as a whole. Sound intellectual
property protection creates the competitive environment required to
allow companies to profit from their inventions, which encourages
innovation effort. This book covers a gap in literature dealing
with both economic and legal aspects of the competition and
especially when there is a comparison of US and EU law concerning
it. This contains the latest law and case analysis of competition
in the US and EU law.
Multinational Enterprises (MNEs) are key actors within the world
economy alongside the states. Is there currently a legal
personality for MNEs in international law? Law reflects moral
connections and it is not static which means that its content is
shaped according to new situations and demands. In many situations
MNEs have already been acceded as subjects of international law --
Iran versus US claims tribunal 1981 . There is a tendency to admit
MNEs as actors in international law. It could be said that MNEs are
not in position to freely decide if they accept their
responsibilities according to international law and especially in
the human right field. There is a need for more transparency in
MNEs actions. MNEs are key actors in globalisation and they have a
duty to act in conformity with international law. This author
thinks that there is a need in distinguishing between the MNE as an
economic entity and so allowing the national law of establishment,
the private international law and the international commercial law
to deal with the economic matters and the MNE as a whole unit
(parent company with all subsidiaries regardless its separate
establishment in various states under national laws) an
international social policy actor in globalisation whose actions
affect the global world.
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