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There is growing consensus among international trade negotiators and policymakers that a prime area for future multilateral discussion is competition policy. Competition policy includes antitrust policy (including merger regulation and control) but is often extended to include international trade measures and other policies that affect the structure, conduct, and performance of individual industries. This study includes country studies of competition policy in Western Europe, North America, and the Far East (with a focus on Japan) in the light of increasingly globalized activities of business firms. Areas where there are major differences in philosophy, policy, or practice are identified, with emphasis on those differences that could lead to economic costs and international friction. Alternatives for eliminating these costs and frictions are discussed, including unilateral policy changes, bilateral or multilateral harmonization of policies, and creation of new international regimes to supplement or replace national or regional regimes.A succinct monograph Competition Policies for the Global Economy outlining major conclusions and proposals has been released along with this more comprehensive volume.
Contents
Preface
Acknowledgments
I. Introduction
1. Issue Overview 531.4KB
II. Country Studies
2. Canada 459.2KB
3. France: 1987-94 419.1KB
4. Germany 441.4KB
5. The Antimonopoly Law of Japan 487.6KB
6. United Kingdom 446.1KB
7. United States 445.6KB
8. Competition Policy and Trade Policy in the European Union 463.1KB
III. Issue Studies
9. Competition in Japan and the West: Can the Approaches be Reconciled? 402.5KB
10. US and EU Competition Law: A Comparison 380.6KB
11. Harmonizing Antitrust: The Less Effective Way to Promote Intellectual Competition 420.7KB
12. Australia and New Zealand 386.0KB
13 Using Antitrust Principals to Reform Antidumping Law 446.0KB
14. Formal and Informal Measures for Controlling Competition in Japan: Institutional Overview and Theoretical Evaluation 495.3KB
15. VERs, VIEs, and Global Competition 412.5KB
16. Keiretsu, Competition, and Market Access 507.4KB
IV. Conclusions
17. Conclusions and Recommendations 436.0KB
References
Index