The Global Limits of Competition LawD. Daniel Sokol, Ioannis Lianos Over the last three decades, the field of antitrust law has grown increasingly prominent, and more than one hundred countries have enacted competition law statutes. As competition law expands to jurisdictions with very different economic, social, cultural, and institutional backgrounds, the debates over its usefulness have similarly evolved. This book, the first in a new series on global competition law, critically assesses the importance of competition law, its development and modern practice, and the global limits that have emerged. This volume will be a key resource to both scholars and practitioners interested in antitrust, competition law, economics, business strategy, and administrative sciences. |
Contents
| 1 | |
| 13 | |
Part II The Economic Limits of Competition Law
| 37 |
Part III Competition Law and Its Synergies with Other Areas of Law
| 81 |
Part IV Competition Law and Institutional Design
| 139 |
Part V Competition Law and Culture
| 203 |
Notes | 253 |
Index | 283 |
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Common terms and phrases
abuse action adopted Alrosa anticompetitive antitrust enforcement antitrust law Article 102 TFEU assessment behavior buyers cartel chapter Chicago School Coase Commission’s competition advocacy competition agency competition authorities competition law remedies competition policies conduct corrective justice correctivejustice correlation countries cultural decision distribution Easterbrook ECHR Econ economic analysis effective efficiency European Commission example fact France Télécom Geert Hofstede Global H.R. Rep Herbert Hovenkamp impact important imposed independent infringement input institutional intellectual property internal intervention issues judicial KFTC Latin American liability Limits ofAntitrust market power measures merger Microsoft monopoly monopsonist monopsony nomic ofcompetition oflaw ofthe output political Power Distance practices predatory predatory pricing price discrimination principle proportionality protection public restraints reasoning regulatory relevant requires role rules scope sellers standard structure sumer supra note Supreme Court TDLC theory tion trade transaction costs Uncertainty Avoidance undertakings values