`This is a very valuable book! It collects symposium papers that analyze key issues and important developments in global competition law today. It explores methodological foundations, including the roles of economics, and recent experiences in key countries (China, Japan, India and Eastern Europe). One section contains highly illuminating articles on private enforcement, criminalization of competition law, the role of globalization and the process of competition law change. All of the articles are valuable, and many are outstanding.' - David J. Gerber, Chicago-Kent College of Law, US Competition law has changed substantially since 1990. The worldwide tendency toward market-based economic systems has induced many countries to adopt competition rules. This innovative book discusses the global character of competition law focusing on three interrelated perspectives; firstly, the impact of economics on competition policy; secondly, the competition law experience in selected countries (USA, EU, Japan, India, China, Brazil, transition countries) and how the law has adapted to the political, economic, geographic and cultural environment; and thirdly, the process of internationalisation and convergence of competition law. This book will be an invaluable read for academics and postgraduate students in competition policy, economics of law and international business law, as well as for competition law practitioners in international firms.

The progressive elimination of formal, government-imposed trade barriers under the General Agreement on Tariffs and Trade (GATT) and - since 1955 - the World Trade Organization (WTO) brought competition policy onto the agenda of the WTO. In November 1998, a WTO working group presented a comprehensive report on the "Interaction between Trade and Competition Policy" (the Jenny Report). In July 1999,a group of internationally recognized competition law experts, together with high-ranking officials from the WTO, Geneva, the European Commission, and the German Bundeskartelamt met in a seminar at Zurich University with the aim of commenting on the Jenny Report, of identifying key issues for international competition rules and of presenting proposals for such rules. The results are presented in this volume. Due to evident differences between the US and Europe/Japan in the goals and features of rules protecting international competition, negotiations in this area will be difficult. The contributions contained in this volume offer approaches and proposals that might help to overcome these difficulties.