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The paper is concerned with documenting and assessing statements made by policy-makers, opinion formers, and other stakeholders in favour and against the adoption of competition laws with particular reference to transition and developing countries which have not yet enacted these kind of laws....
Persistent link: https://www.econbiz.de/10003062798
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...
Persistent link: https://www.econbiz.de/10013113678
The paper introduces the DCFR, which is essentially the draft of a future EU Code of Obligations and works a bit like the UCC in the USA, as a model commercial code. After a brief historic justification of the draft, there is a presentation of what the DCFR can and cannot do at the present time....
Persistent link: https://www.econbiz.de/10013108924
Since WWII, several trillion USD have been given to developing countries in official and other development aid. Yet the vast majority of these countries - at least if we look at the vast majority of the people in these countries - is stuck in abject poverty. Most commonly, we cite the lack of...
Persistent link: https://www.econbiz.de/10013074350
Investment arbitration was originally developed primarily to protect investors from wealthy developed countries against arbitrary expropriations by governments in developing countries. However, over time, it has taken on a very broad dynamic and is nowadays often used to limit regulatory...
Persistent link: https://www.econbiz.de/10012910151