Using a law and economics model of competition law enforcement we try to answer the following questions: What characterizes the effectiveness of a competition law regime? How has competition law enforcement spread around the world? What factors limit the enforcement of competition law? And...

The paper first summarizes the benefits of competition, i.e. why competitive markets are more efficient than oligopolistic or monopolistic markets, and the threats to competitive markets from cartels, concentration, and government interference. In the main part, the paper presents the key...

In discussions of the regionalization of competition law, the political dimension often leads a shadowy existence. Regionalization tends to be presented with a hint of a halo around it. States are presented as acting for a shared policy objective intended to benefit all, and political issues...

Various approaches have been suggested in the literature for incorporating developmental variances into the design of competition policy for emerging economies. For example, unlike developed economies, emerging economies must prioritize the industries for investigations and continue to emphasize...

Competition law scholarship has long invoked the role of competition law and policy in economic development in developing countries. More recently, the highly visible efforts to enact this legislation has been one of the most remarkable trends in their regulatory reform process. Assuming that...

This symposium issue, guest edited by Tim Büthe and Umut Aydin, brings together eight papers exploring, from multiple different disciplinary perspectives, “success and limits” of competition law and policy under conditions where they might be considered "most unlikely to succeed" (as the...

The idealism of his thesis notwithstanding, Cheng’s book, in his own words, is reconciliatory rather than revolutionary. His proposal that developing countries enforce competition laws in the spirit of ‘informed divergence’ rather than converge to a norm, nevertheless, recognizes a...