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Competition policy is in the process of adoption in dozens of
nations worldwide, at a time when competition laws have necessarily
become applicable to such new fields as trade, investment,
intellectual property rights, information technology, and global
consumer protection. Although vigorous enforcement - especially
across borders - remains the most serious challenge to global
success, it is also important to recognize that the established
American-European model of competition policy may not be the "right
thing" for countries with radically different cultural traditions,
especially less-developed countries. This book explores the
prospects for competition policy, its likely development, and its
ever-more-central role in the world trade regime. With this book,
interested parties may benefit from the perspectives of scholars
and policymakers representing Asia Pacific, Europe, and North and
South America. Issues investigated include: the costs of absorbing
a new technology; distinct and evolving national competition
policies and the fabric of world trade; extraterritorial
enforcement and co-operation agreements; criteria for "material
injury" in international trade rules; collusive technology transfer
barriers; the re-emergence of transnational cartels; and the
tendency of anti-dumping rules to foster cartelization. The major
competition policy issues on the international agenda - the
harmonization of national policies and international trade rules;
the integration of intellectual property rights, technology
transfer, and investment; and enforcement co-operation across
borders - are all analyzed in depth from many different angles.
This is a valuable book for practitioners, government officials,
and academics in this critical area of contemporary law and policy.
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