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An international multilevel competition policy system

  • Budzinski, Oliver

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 to bridge a gap in the current world economic order, i.e. the supranational governance of private international restrictions to market competition. Such a 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-supranational antitrust regimes.

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Paper provided by University of Duisburg-Essen, Institute of Business and Economic Studie (IBES) in its series IBES Diskussionsbeiträge with number 159.

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Date of creation: 2007
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Handle: RePEc:zbw:udewwd:159
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  1. Manishi Prasad & Peter Wahlqvist & Rich Shikiar & Ya-Chen Tina Shih, 2004. "A," PharmacoEconomics, Springer Healthcare | Adis, vol. 22(4), pages 225-244.
  2. Kovacic, William E, 1992. "The Influence of Economics on Antitrust Law," Economic Inquiry, Western Economic Association International, vol. 30(2), pages 294-306, April.
  3. 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.
  4. 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.
  5. Oliver Budzinski, 2008. "Monoculture versus diversity in competition economics," Cambridge Journal of Economics, Oxford University Press, vol. 32(2), pages 295-324, March.
  6. Keith Head & John Ries, 1997. "International Mergers and Welfare under Decentralized Competition Policy," Canadian Journal of Economics, Canadian Economics Association, vol. 30(4), pages 1104-23, November.
  7. 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).
  8. 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.
  9. Wolfgang Kerber, . "An International Multi-Level System of Competition Laws: Federalism in Antitrust," German Working Papers in Law and Economics 2003-1-1065, Berkeley Electronic Press.
  10. Oliver Budzinski, 2008. "The Governance of Global Competition," Books, Edward Elgar, number 12951, March.
  11. Oliver Budzinski, 2003. "Cognitive Rules, Institutions, and Competition," Constitutional Political Economy, Springer, vol. 14(3), pages 213-233, September.
  12. Barros, Pedro P. & Cabral, Luis, 1994. "Merger policy in open economies," European Economic Review, Elsevier, vol. 38(5), pages 1041-1055, May.
  13. 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.
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