An International Multilevel Competition Policy System
AbstractThis paper develops a proposal for an international multilevel competition policy system, which draws on the insights of the analysis of multilevel systems of institutions. In doing so, it targets to contribute bridging a gap in the current world economic order, i.e. the lack of supranational governance of private international restrictions to market competition. Such governance can effectively be designed against the background of a combination of the well-known nondiscrimination principle and a lead jurisdiction model. Put very briefly, competition policy on the global level restricts itself to the selection and appointment of appropriate lead jurisdictions for concrete cross-border antitrust cases, while the substantive treatment remains within the competence of the existing national and regional antitrust regimes. This contribution is part of the refereed research project International Competition Policy - A Decentralised System of International Merger Control funded by the Volkswagen Foundation, priority area Global Structures and Governance.
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Bibliographic InfoPaper provided by University of Southern Denmark, Department of Environmental and Business Economics in its series Working Papers with number 83/09.
Length: 53 pages
Date of creation: Feb 2009
Date of revision:
International competition policy; multilevel systems; international governance; economics of federalism; international economic order; international antitrust;
Other versions of this item:
- Oliver Budzinski, 2009. "An international multilevel competition policy system," International Economics and Economic Policy, Springer, vol. 6(4), pages 367-389, December.
- Budzinski, Oliver, 2007. "An international multilevel competition policy system," IBES DiskussionsbeitrÃ¤ge 159, University of Duisburg-Essen, Faculty for Economics and Business Administration.
- F02 - International Economics - - General - - - International Economic Order; Noneconomic International Organizations;; Economic Integration and Globalization: General
- K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
- L40 - Industrial Organization - - Antitrust Issues and Policies - - - General
- F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
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