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Competition Law and Economics: Developments, Policies and Enforcement Trends in the US and Korea

Competition Law and Economics: Developments, Policies and Enforcement Trends in the US and Korea

Author: Jay P. Choi; Wonhyuk Lim; Sang-Hyop Lee
Publisher: Edward Elgar Publishing
ISBN: 9781839103407
Published In: April 2020
Format: Hardback
Jurisdiction: U.K. ? Disclaimer:
Countri(es) stated herein are used as reference only

List Price: HKD 1,313.00

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Description
Contents

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Offering a comprehensive overview of the major issues that arise in the enforcement of competition laws, this book takes an interdisciplinary approach to the topic, reviewing the development of Korean competition laws and their enforcement with rigorous economic analysis. Chapters build on the Korean experience, providing guidance to the capacity-building efforts of developing countries that have recently introduced competition laws.

In this exciting new book, an international team of experts compares market structures, in both global and Korean contexts, particularly focusing on the impact of foreign competition on market concentration and ways to improve market structure. It thoroughly investigates core competition problems, including international abuses of dominance, mergers and collusion, and vertical restraints. Contributions move beyond explaining the laws and practices of enforcement agencies, offering readers an insight into the trend of ever-increasing interdependence among national economies, complemented by analyses of recent developments in the US and Canada.

The exploration of clear trends both in Korea and globally will prove valuable to scholars and students of industrial competition policy, and law and economics. It will also be useful to policy-makers, particularly those in developing countries, looking to better understand the issues surrounding competition law and designing future policies.

Preface by Jeong Pyo Choi

1. Introduction and overview

Jay Pil Choi, Wonhyuk Lim and Sang-Hyop Lee

PART I. SETTING THE STAGE

2. Competition law and economics: international cooperation and convergence in competition policy

Jay Pil Choi

PART II. MARKET STRUCTURE

3. Market structure and market studies

William E. Kovacic

4. An empirical study of the competitive pressure of the foreign sector in Korea

Suil Lee

PART III. ABUSE OF DOMINANCE