An International Multilevel Competition Policy System
This 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.
|Date of creation:||Feb 2009|
|Contact details of provider:|| Postal: Niels Bohrs Vej 9, 6700 Esbjerg|
Phone: (+45) 6550 1000
Fax: (+45) 6550 1091
Web page: http://www.sam.sdu.dk/ime
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Oliver Budzinski, 2008. "The Governance of Global Competition," Books, Edward Elgar Publishing, number 12951.
- Smets, Hilde & van Cayseele, Patrick, 1995. "Competing merger policies in a common agency framework," International Review of Law and Economics, Elsevier, vol. 15(4), pages 425-441, December.
- Oliver Budzinski, 2003. "Cognitive Rules, Institutions, and Competition," Constitutional Political Economy, Springer, vol. 14(3), pages 213-233, September.
- Barros, Pedro P. & Cabral, Luis, 1994. "Merger policy in open economies," European Economic Review, Elsevier, vol. 38(5), pages 1041-1055, May.
- Tay, Abigail & Willmann, Gerald, 2005. "Why (no) global competition policy is a tough choice," The Quarterly Review of Economics and Finance, Elsevier, vol. 45(2-3), pages 312-324, May.
- Florian Muller & Christian Wey & Justus Haucap, 2006. "How to Reduce Conflicts over International Antitrust?," Conferences on New Political Economy,in: Max Albert & Stefan Voigt & Dieter Schmidtchen (ed.), Conferences on New Political Economy, edition 1, volume 23, pages 307-338(3 Mohr Siebeck, Tübingen.
- Oliver Budzinski, 2008.
"Monoculture versus diversity in competition economics,"
Cambridge Journal of Economics,
Oxford University Press, vol. 32(2), pages 295-324, March.
- Budzinski, Oliver, 2007. "Monoculture versus diversity in competition economics," IBES Diskussionsbeiträge 158, University of Duisburg-Essen, Institute of Business and Economic Studie (IBES).
- Keith Head & John Ries, 1997. "International Mergers and Welfare under Decentralized Competition Policy," Canadian Journal of Economics, Canadian Economics Association, vol. 30(4), pages 1104-1123, November.
- Mariana Bode & Oliver Budzinski, 2005. "Competing Ways Towards International Antitrust: the WTO versus the ICN," Marburg Working Papers on Economics 200503, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
- Kovacic, William E, 1992. "The Influence of Economics on Antitrust Law," Economic Inquiry, Western Economic Association International, vol. 30(2), pages 294-306, April.
- Wolfgang Kerber, "undated". "An International Multi-Level System of Competition Laws: Federalism in Antitrust," German Working Papers in Law and Economics 2003-1-1065, Berkeley Electronic Press.
- Karl M. Meessen, 2006. "How to Reduce Conflicts over International Antitrust?," Conferences on New Political Economy,in: Max Albert & Stefan Voigt & Dieter Schmidtchen (ed.), Conferences on New Political Economy, edition 1, volume 23, pages 339-343(5 Mohr Siebeck, Tübingen. Full references (including those not matched with items on IDEAS)