More Common Ground for International Competition Law?

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 0857938193
Total Pages : 329 pages
Book Rating : 4.8/5 (579 download)

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Book Synopsis More Common Ground for International Competition Law? by : Josef Drexl

Download or read book More Common Ground for International Competition Law? written by Josef Drexl and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'This volume contains many excellent chapters on some of the most cutting edge topics in competition law today. Among the contributions are assessments of new approaches to competition law analysis, analyses of central and controversial topics in the relationship between competition law and intellectual property, and explorations of new transnational developments in China and elsewhere. The chapters range from studies of specific cases to broad interpretations of major trends. I found many of them to be highly insightful and very useful.' – David J. Gerber, Chicago-Kent College of Law, US 'This fresh collection of essays by scholars from around the world lives up to its title: it stakes out more common ground for the competition law systems of nations. The chapters result from the fourth annual conference of the Academic Society for Competition Law (ASCOLA). The essays cover major issues that reverberate around the world today, including: How should we think about the economic foundations of competition law in view of new research on behavioral economics and consumer choice? What is the future of the treatment of resale price maintenance? What is the proper fit of intellectual property with competition law? And how do we promote competition law and policy across borders? The collection offers insight from law, economics, political science, business strategy, and history.' – Eleanor Fox, New York University, US In recent years, an impressive proliferation of competition laws has been seen around the world. Whilst this development may lead to greater diversity of approaches, economic arguments may promote convergence. The contributions to this book look at a number of most topical issues by asking whether the competition world is turning more towards convergence or diversity. These issues include, among others, the changing role of economics in times of economic crises and political change, the introduction of criminal sanctions, resale-price maintenance, unilateral conduct and the application of competition law to intellectual property and state-owned enterprises. More Common Ground for International Competition Law will appeal to academics, PhD students, and postgraduate students law and economics, members of competition agencies, legal practice and international business.

More Common Ground for International Competition Law?

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 9781849803946
Total Pages : 312 pages
Book Rating : 4.8/5 (39 download)

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Book Synopsis More Common Ground for International Competition Law? by : ASCOLA. Workshop on Comparative Competition Law

Download or read book More Common Ground for International Competition Law? written by ASCOLA. Workshop on Comparative Competition Law and published by Edward Elgar Publishing. This book was released on 2011 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'This fresh collection of essays by scholars from around the world lives up to its title: it stakes out more common ground for the competition law systems of nations. the chapters result from the fourth annual conference of the Academic Society for Competition Law (ASCOLA). the essays cover major issues that reverberate around the world today, including: How should we think about the economic foundations of competition law in view of new research on behavioral economics and consumer choice? What is the future of the treatment of resale price maintenance? What is the proper fit of intellectual property with competition law? and how do we promote competition law and policy across borders? the collection offers insight from law, economics, political science, business strategy, and history.' - Eleanor Fox, New York University, US

New Competition Jurisdictions

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 0857939521
Total Pages : 369 pages
Book Rating : 4.8/5 (579 download)

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Book Synopsis New Competition Jurisdictions by : Richard Whish

Download or read book New Competition Jurisdictions written by Richard Whish and published by Edward Elgar Publishing. This book was released on 2012-01-01 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'The most thoughtful collection available of insights into the challenges facing new competition jurisdictions. Whish and Townley have brought together experts on approaches global, comparative and local, combined with fresh inter-disciplinary insights. By combining law, economics and political economy, what emerges are pointed commentaries, and a rich source of principles and pragmatism. This book will guide the creators and enforcers of new competition law regimes.' – Philip Marsden, Director, British Institute of International and Comparative Law, and OFT Board Member 'This is a wonderful volume filled with good ideas. It evolves from the Sixth Conference of ASCOLA, the world association of competition law professors, which asked a group of young scholars how new competition law systems can be made more effective, and challenged the conference participants to interrogate the ideas. the resulting book is an admirable collection of insightful papers and commentary. For all who are interested in advancing younger competition law systems and their supporting academic communities, this volume must be read.' – Eleanor Fox, New York University School of Law, US This book focuses on the problems faced by newly-established competition authorities, and on shaping policies and building institutions in those jurisdictions. In particular four key issues encountered by new competition jurisdictions are considered, namely: the challenges and obstacles to adopting competition laws; institutional challenges and choices, with a specific focus on deterrence; the global perspective, with a specific focus on mergers; and a discussion of how to help young academics in new jurisdictions. Theoretical analysis is informed by practice throughout, and in particular by those considered to be at the cutting edge, either working in new competition authorities or from specialists advising them on a daily basis (such as those in the OECD and UNCTAD). New Competition Jurisdictions will be of great interest to lawyers, economists, academics, judges and public officials working in the fields of competition law and policy.

Competition Law and Antitrust

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Author :
Publisher : Oxford University Press
ISBN 13 : 0191040924
Total Pages : 224 pages
Book Rating : 4.1/5 (91 download)

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Book Synopsis Competition Law and Antitrust by : David J. Gerber

Download or read book Competition Law and Antitrust written by David J. Gerber and published by Oxford University Press. This book was released on 2020-08-28 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Competition, or Antitrust, law is now a global phenomenon. It operates in more than 100 countries and the relationships among competition law systems are often complex and opaque. Competition law is also new to many countries, which creates uncertainty about how decisions will be made in these jurisdictions. This makes it critically important to understand both the similarities and differences among the systems and the relationships between them. A succinct introduction, this title breaks down the complicated and foreboding topic of competition law. Divided into four parts, this book covers the elements of competition laws, its decisions, targets, and globalization and the future of competition law. It also provides global context by looking at competition law in the US, Europe, and growing markets like Asia and Latin America. This title covers the most pressing issues of competition law in an informative and concise way. Drawing on his lifetime of global experience and research, David J. Gerber's Competition Law and Antitrust is an essential tool for anyone interested in competition or antitrust law.

The Emerging Principles of International Competition Law

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Author :
Publisher : Oxford University Press, USA
ISBN 13 :
Total Pages : 724 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Emerging Principles of International Competition Law by : Chris Noonan

Download or read book The Emerging Principles of International Competition Law written by Chris Noonan and published by Oxford University Press, USA. This book was released on 2008-01-17 with total page 724 pages. Available in PDF, EPUB and Kindle. Book excerpt: As national competition laws proliferate and enforcement efforts increase, the international competition law system is increasingly beset with conflicts between States with competing interests. This book explores ways to reduce conflicts, contending that an international competition law system is evolving.

Structure and Effects in EU Competition Law

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Author :
Publisher : Kluwer Law International B.V.
ISBN 13 : 9041131744
Total Pages : 370 pages
Book Rating : 4.0/5 (411 download)

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Book Synopsis Structure and Effects in EU Competition Law by : Basedow

Download or read book Structure and Effects in EU Competition Law written by Basedow and published by Kluwer Law International B.V.. This book was released on 2011-01-01 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the last decade the European Commission has progressively adopted what is called a and‘more economic approachand’ toward competition policy. This approach, which draws on U.S. antitrust policy, puts greater emphasis on possible welfare effects of business practices and is less concerned with competitive market structures. Under this school of thought concentration cannot be said to impede effective competition to the extent that efficiency gains outweigh market distortions. In order to stimulate the debate on this basic reorientation, in January 2009 the Max Planck Institute for Comparative and International Private Law at Hamburg convened economists, legal scholars, and practitioners for an exchange of views on these and‘newand’ methodological foundations of EU competition policy and competition law. Two especially controversial elements were chosen for in-depth discussion: the prohibition of abuses of dominant positions and the review of State aid. This book reproduces fourteen papers from this conference, representing the considered views of prominent European lawyers, economists, academics, policymakers, and enforcement officials in the competition field on matters such as: the objectives of EU competition law; the current enforcement guidelines of the EU Commission regarding Article 102 TFEU and? measuring market power; abusive low pricing strategies; the economics of competition law enforcemennt; recent developments in EU State aid law; economic justifications for State aid. A critical assessment of the Commissionand’s State aid action plan by the German Monopolies Commission is appended in English. Applying law and economics theory to competition law, this book shows that the and‘more economicand’ approach is exerting a considerable impact on various sectors of competition law. The authors clearly demonstrate the progress that can be made when lawyers and economists take notice of and respect the characteristics of each otherand’s discipline. Moreover, the authors show how new insights of economic theory may be integrated into the relevant legal analysis. The book will therefore be appreciated by academics, practitioners, and officials representing both fields.

The Future of International Competition Law Enforcement

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Author :
Publisher : BRILL
ISBN 13 : 9004372962
Total Pages : 454 pages
Book Rating : 4.0/5 (43 download)

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Book Synopsis The Future of International Competition Law Enforcement by : Valerie Demedts

Download or read book The Future of International Competition Law Enforcement written by Valerie Demedts and published by BRILL. This book was released on 2018-10-25 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Future of International Competition Law Enforcement undertakes an original assessment of the EU's international cooperation agreements in the field of competition law and is uniquely focused on the bilateral sphere, often labelled as a mere 'interim-solution' awaiting a global agreement.

The Design of Competition Law Institutions

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Publisher : OUP Oxford
ISBN 13 : 0191648973
Total Pages : 518 pages
Book Rating : 4.1/5 (916 download)

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Book Synopsis The Design of Competition Law Institutions by : Eleanor M Fox

Download or read book The Design of Competition Law Institutions written by Eleanor M Fox and published by OUP Oxford. This book was released on 2012-12-20 with total page 518 pages. Available in PDF, EPUB and Kindle. Book excerpt: Competition (or antitrust) law is national law. More than 120 jurisdictions have adopted their own competition law. Is there a need for convergence of the competition law systems of the world? Much effort has been devoted to nudging substantive law convergence in the absence of an international law of competition. But it is widely acknowledged that institutions play as great a role as substantive principles in the harmonious - or dissonant - application of the law. This book provides the first in depth study of the institutions of antitrust. It does so through a particular inquiry: Do the competition systems of the world embrace substantially the same process norms? Are global norms embedded in the institutional arrangements, however disparate? Delving deeply into their jurisdictions, the contributors illuminate the inner workings of the systems and expose the process norms embedded within. Case studies feature Australia/New Zealand, Canada, Chile, China, Japan, South Africa, the USA, and the European Union, as well as the four leading international institutions involved in competition: the World Trade Organization, the Organization for Economic Cooperation and Development, the United Nations Conference on Trade and Development, and the International Competition Network; and the introductory and synthesizing chapter by the directors of the project draws also from the new institutional arrangements of Brazil and India. The book reveals that there are indeed common process norms across the very different systems; thus, this study is a counterpart to studies on convergence of substantive rules. The synthesizing chapter observes an emerging 'sympathy of systems' in which global process norms, along with substantive norms, play a critical role. The book provides benchmarks for the field and suggests possibilities for future development when the norms are embraced in aspiration but not yet in practice. It offers insights for all interested in competition law and global governance.

International Competition Enforcement Law Between Cooperation and Convergence

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Author :
Publisher : Springer
ISBN 13 : 9783642171680
Total Pages : 96 pages
Book Rating : 4.1/5 (716 download)

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Book Synopsis International Competition Enforcement Law Between Cooperation and Convergence by : Jörg Philipp Terhechte

Download or read book International Competition Enforcement Law Between Cooperation and Convergence written by Jörg Philipp Terhechte and published by Springer. This book was released on 2011-04-08 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: The international dimensions of competition law and policy are most often examined at the level of substantive law. In this legal area both intentional and spontaneous assimilation and harmonization trends can be recognized, which manifest themselves e.g. in comparable approaches to combating particularly harmful restraints (so-called "hardcore cartels"). However, the complex terrain of enforcement law has been mainly ignored up to date. Are there common approaches in this field as well? How are the various competition laws linked with each other in respect to procedural norms? This book conceptualizes "International Competition Enforcement Law" against the backdrop of these issues and at the level of comparative law. The ciphers "cooperation" and "convergence" will serve as the two principle ideas for this book.

Competition Law in Latin America

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Publisher : Kluwer Law International B.V.
ISBN 13 : 9403537000
Total Pages : 491 pages
Book Rating : 4.4/5 (35 download)

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Book Synopsis Competition Law in Latin America by : Julián Peña

Download or read book Competition Law in Latin America written by Julián Peña and published by Kluwer Law International B.V.. This book was released on 2022-06-06 with total page 491 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the past few years, Latin American countries have taken giant steps to reposition their competition authorities in the global antitrust arena, granting them much greater autonomy both domestically and internationally. This is an updated edition of the first book that offered an in-depth analysis of this complex scenario. The first part of the book includes more general chapters written by leading experts on a variety of relevant topics analyzed at a regional level such as the issues emerging with the digital economy and on the special field of the information and communications technology industry, as well as chapters on broad regional trends, on the working of competition law in countries with regulated markets and in the cluster of Central American countries, among others. At the heart of the presentation are nine chapters detailing the competition regimes of the most active national jurisdictions in the region—Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Paraguay, Peru, and Uruguay. Written by practicing experts with considerable hands-on experience in their respective countries, each of these chapters provides a comprehensive description and explanation of the evolution, current state, and prospects for antitrust in the country. Topics addressed in the country analysis encompass the following and more: relevant institutions and legislation; cartel investigations; unilateral conduct policies; merger review; international coordination; enforcement; and remedies. Each chapter includes an analysis of relevant case law, allowing the reader to gauge the positions, views, and tendencies of each competition law regime. The contributors also pay attention to the specificities and idiosyncrasies that are so important for a correct understanding of the practical realities of competition policy and enforcement. With its wide-ranging and in-depth approach, this book provides an incomparable analysis of a challenging region poised to become increasingly important in the international recognition and enforcement of antitrust law. It is in this sense an essential guide for lawyers, economists, corporations, academics, and government officials interested in understanding where competition law is, and where it is going to, in Latin America.

Information Exchange Between Competitors in EU Competition Law

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Publisher :
ISBN 13 : 9789403531830
Total Pages : 296 pages
Book Rating : 4.5/5 (318 download)

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Book Synopsis Information Exchange Between Competitors in EU Competition Law by : Martin Gassler

Download or read book Information Exchange Between Competitors in EU Competition Law written by Martin Gassler and published by . This book was released on 2021-02-12 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Information Exchange Between Competitors in EU Competition Law' is a pioneering book furnishing in-depth analysis on the challenging topic of EU competition law. Competing firms often exchange information to make more informed market decisions which can help to overcome market inefficiencies. However, an abundance of legal and economic research as well as case law has shown that information exchange may also enable firms to engage in collusion more readily and sustain it longer. This all-inclusive book focuses on ?pure? information exchanges ? exchanges that are not ancillary to a broader pro-competitive or anticompetitive conduct ? and thoroughly explains the characteristics of such information exchanges, their pro-competitive and anticompetitive effects and discusses all the relevant legal aspects for their assessment. The author offers a robust analytical framework for assessing information exchanges under Article 101 TFEU, focusing on the risk of collusive outcomes and types of information exchange that are particularly harmful.

The Global Limits of Competition Law

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Publisher : Stanford Law Books
ISBN 13 : 9780804774901
Total Pages : 0 pages
Book Rating : 4.7/5 (749 download)

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Book Synopsis The Global Limits of Competition Law by : D. Sokol

Download or read book The Global Limits of Competition Law written by D. Sokol and published by Stanford Law Books. This book was released on 2012-06-13 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last three decades, the field of antitrust law has grown increasingly prominent, and more than one hundred countries have enacted competition law statutes. As competition law expands to jurisdictions with very different economic, social, cultural, and institutional backgrounds, the debates over its usefulness have similarly evolved. This book, the first in a new series on global competition law, critically assesses the importance of competition law, its development and modern practice, and the global limits that have emerged. This volume will be a key resource to both scholars and practitioners interested in antitrust, competition law, economics, business strategy, and administrative sciences.

Global Competition: Law, Markets, and Globalization

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Publisher : OUP Oxford
ISBN 13 : 0191633623
Total Pages : 416 pages
Book Rating : 4.1/5 (916 download)

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Book Synopsis Global Competition: Law, Markets, and Globalization by : David Gerber

Download or read book Global Competition: Law, Markets, and Globalization written by David Gerber and published by OUP Oxford. This book was released on 2010-03-11 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global competition now shapes economies and societies in ways unimaginable only a few years ago, and competition (or 'antitrust') law is a key component of the legal framework for global competition. These laws are intended to protect competition from distortion and restraint, and on the national level they reflect the relationships between markets, their participants, and those affected by them. The current legal framework for the global economy is provided, however, by national laws and institutions. This means that those few governments that have sufficient 'power' to apply their laws to conduct outside their own territory provide the norms of global competition. This has long meant that the US (and, more recently, the EU) structure global competition, but China and other countries are increasingly using their economic and political leverage to apply their own competition laws to global markets. The result is increasing uncertainty, costs, and conflicts that burden global economic development. This book examines competition law on the global level and reveals its often complex and little-understood dynamics. It focuses on the interactions between national and international legal regimes that are central to these dynamics and a key to understanding them. Part I examines the evolution of the current global system, the factors that have shaped it, how it operates today, and recent efforts to alter that system-e.g., by including competition law in the WTO. Part II focuses on national competition law systems, revealing how national laws and experiences shape global competition law dynamics and how global factors, in turn, shape national laws and experiences. It examines the central roles of US and European law and experience, and it also pays close attention to countries such as China that are playing increasingly important roles in the global competition law arena. Part III analyzes current strategies for improving the legal framework for global competition and identifies the factors that may contribute to a system that more effectively supports global economic and political development. This analysis also suggests a pathway for moving toward that goal.

Landmark Cases in Competition Law

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Publisher :
ISBN 13 : 9789041138439
Total Pages : 0 pages
Book Rating : 4.1/5 (384 download)

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Book Synopsis Landmark Cases in Competition Law by : Barry J. Rodger

Download or read book Landmark Cases in Competition Law written by Barry J. Rodger and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is the thesis of this fascinating and highly instructive book on competition law that an examination of one landmark case, scenario, or 'saga' each from a range of legal systems leads to a thorough understanding of the issues informing and arising from competition policy, law, and legal practice. To that end, leading scholars from 14 jurisdictions enhance their academic authority and rigour with an element of panache to describe a particularly salient case in each of their countries, commenting in depth on the contribution of the case to the development of their particular competition law culture and to the case's enduring significance for competition law and its enforcement from a global perspective. There are chapters for each of thirteen countries as well as the European Union, preceded by an informative and thoughtful introduction. For each landmark case selected, the legislative background, the case facts, and the legal ruling and reasoning are all minutely described, along with commentary, critique, and assessment of the case's impact and contemporary significance. The cases cover vast swathes of the competition law territory in terms of substance and procedure, dealing with cartels, abuse of dominance, mergers, and vertical restraints, and involving diverse forms of public and private enforcement processes. Aspects covered include the following: the public interest test; bid-rigging in public procurement; the entitlement of dominant companies to compete on a level footing with other companies; the hard-to-draw line between legitimate competition and unlawful monopolizing conduct; the dangers of eclectic borrowing in the development and interpretation of competition law rules; horizontal price-fixing collusion 'hub and spoke' cartels; resale price maintenance agreements and the U.S. 'rule of reason'; the increasing use of private enforcement and the right for victims of a competition law infringement to seek compensation; merger control in energy markets and the political use of merger review rules to benefit domestic firms; cooperation with criminal enforcement agencies and prosecutors; the role courts play in undertaking adequate legal supervision of competition authorities; leniency processes and obtaining access to 'confidential' whistleblowing documentation; imposition of administrative fines and other deterrence-based sanctions; and how the 'consumer welfare' standard is interpreted. More than a set of landmark case descriptions, this book, in which many chapters reflect upon recent and consider further future significant reforms, demonstrates that competition law and its enforcement processes form part of a chronological narrative, and that it is important to understand the broader legal, social, and economic context within which competition law and policy develop. This wider perspective will prove immeasurably valuable to the many practitioners, business people, jurists, and policy makers engaged in the shaping of competition law in any jurisdiction, and will moreover be essential reading for postgraduate students studying any aspects of comparative competition law enforcement.

An International Antitrust Primer

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Publisher :
ISBN 13 : 9789041124685
Total Pages : 0 pages
Book Rating : 4.1/5 (246 download)

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Book Synopsis An International Antitrust Primer by : Mark R. Joelson

Download or read book An International Antitrust Primer written by Mark R. Joelson and published by . This book was released on 2006 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Like its predecessors, this updated Primer describes the main provisions and case law of some key national and regional competition regimes, including their application to international transactions. As in the previous editions, the author offers a relatively detailed explanation of developments in a few important jurisdictions, rather than covering many jurisdictions by offering a brief summary of a great number of national antitrust laws. The regimes covered are the United States, the European Union (EU), Canada, Mexico, the United Kingdom, and Japan. In the course of the presentation important areas of transnational convergence appear, as well as significant points of disparity. Many areas and issues of great concern to business persons and their counsel arise, among them the following: intellectual property rights; foreign government action; extent and kind of criminal sanctions; extraterritorial reach; mergers and acquisitions; level and type of enforcement activity; effects of national foreign or domestic policy; permissible cooperation among competitors; and public procurement. The many business persons, government officials, students, lawyers, and others who have been relying on the Second Edition for years will greatly appreciate this thoroughly updated volume. There is nothing else that so lucidly and helpfully explains competition law, as a regime of both domestic and international law, for those who do not specialize in this field but require a working knowledge of the subject to proceed confidently in their day-to-day work.

Comparative Competition Law

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1785362577
Total Pages : 528 pages
Book Rating : 4.7/5 (853 download)

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Book Synopsis Comparative Competition Law by : John Duns

Download or read book Comparative Competition Law written by John Duns and published by Edward Elgar Publishing. This book was released on 2015-11-27 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comparative Competition Law examines the key global issues facing competition law and policy. This volume’s specially commissioned chapters by leading writers from the United States, Europe, Asia, South America, and Australia provide a synthesis of how these current issues are addressed by drawing on the approaches taken in different jurisdictions around the world. Expert contributors examine the regulation of core competitive conduct by comparing substantive law approaches in the US and the EU. The book then explores issues of enforcement – such as the regulator’s powers, whether to criminalize anti-competitive conduct, the degree to which private enforcement ought to be encouraged, and the extraterritorial scope of domestic laws. Finally, the book discusses how competition law is being implemented in a variety of countries, including Japan, China, Brazil, Chile, and Colombia. This scholarly analysis of the key substantive, procedural, and remedial challenges facing global competition law policymakers offers a comparative framework to facilitate a better understanding of relevant policies. This collection of global perspectives will be of great interest to scholars and students of competition law, microeconomics, and regulatory studies. Competition law regulators, policy makers, and law practitioners will also find this book an invaluable resource.

A Framework for the Design and Implementation of Competition Law and Policy

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Author :
Publisher : World Bank Publications
ISBN 13 : 9780821342886
Total Pages : 172 pages
Book Rating : 4.3/5 (428 download)

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Book Synopsis A Framework for the Design and Implementation of Competition Law and Policy by : R. S. Khemani

Download or read book A Framework for the Design and Implementation of Competition Law and Policy written by R. S. Khemani and published by World Bank Publications. This book was released on 1999 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: A dynamic and competitive environment, underpinned by competition law policy, is an essential characteristic of successful market economies. To satisfy the growing demand for information on current approaches and practices in competition law policy, the project "Framework for the Design and Implementation of Competition Law-Policy" was initiated by the World Bank, with participation by OECD. This ensuing volume reflects the main issues that arise in design and implementation of competition law and policy in order to assist countries in developing an approach that suits their own needs and conditions. The views articulated in this publication suggest that the administration and enforcement of competition law policy should assign the greatest importance to fostering economic efficiency and consumer welfare.