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Promoting Competition in Global Markets: A Multi-National Approach - Hardcover

Lloyd, P. J.; Vautier, Kerrin M.

 
9781858988030: Promoting Competition in Global Markets: A Multi-National Approach

Synopsis

This book sheds new light on a major issue on the international trade policy agenda - the promotion and defence of competition in globalizing markets.

The liberalization of cross-border flows of goods, services and capital that has occurred during the last decade has made competition increasingly important. The authors discuss multi-national approaches to competition policy in the WTO, European Union, the Americas, OECD, UNCTAD and CER. They investigate the policy responses to anti-competitive, cross-border business transactions and argue that a growing reliance on competition law is not in itself sufficient to promote competition in globalizing markets. They conclude that to achieve genuine competition in globalizing markets, policymakers must have a more comprehensive and coherent policy governed by agreed competition principles.

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About the Author

P.J. Lloyd, Professor Emeritus, University of Melbourne, Australia and Kerrin M. Vautier, Research Economist, Auckland, New Zealand

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