The rapid pace of economic globalization and the dramatic turn toward economic competition as the central factor in public policy thinking would seem to augur well for comparative competition law scholarship. Together, they have brought a wave of new antitrust statutes and increased the...

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...

Discussions of the future of competition law on the transnational level often reflect assumptions about the role of economics. Perhaps the most pivotal of these assumptions is that economics can provide a basis for global competition law convergence. It is pivotal, because choices and strategies...

The controversies that continue to rage over Japan's role in the international economy and, more specifically, its impressive and potentially ominous trade surpluses with the U.S. often circle around the question of what can be done about any of it. In the U.S., it is commonly assumed that an...

Ordoliberalism, a particular version of European Neo-Liberal thought, has played a central role in the relationship between competition law and trade policy with the European Union. The substantive component of this body of thought, which is based in Germany, emphasizes the importance of a...

In this Symposium we view global technological integration from two public policy vantage points. One, the international intellectual property rights regime, is concerned with creating and protecting rights and the incentives associated with them. The other, competition law, seeks to protect the...

Does the mere presence of big banks affect macroeconomic outcomes? In this paper, we develop a theory of granularity (Gabaix, 2011) for the banking sector, introducing Bertrand competition and heterogeneous banks charging variable markups. Using this framework, we show conditions under which...