Details
- Creates an integrated framework for understanding the many interconnected legal and policy issues that contribute to international competition law
- Comprehensive coverage of this highly complex area includes all types of business conduct, national laws, and international rules and institutions
- Provides economically sound and politically feasible recommendations for the future
Many firms operate in complex legal environments where several States may regulate the same activity against a background of international law. International competition law has grown in importance as national economies have become more integrated, at the same time as national competition laws have proliferated and enforcement efforts have been strengthened. This system is beset with conflicts arising where States perceive that the way that another country does or does not apply its competition law adversely affects its interests. This book clarifies the nature and origin of these conflicts, and explores possible ways to reduce them.
Noonan analyses the legal and policy issues associated with the control of restrictive business practices and anticompetitive mergers in international markets. The book discusses international cartels, dumping, private market access barriers, and mergers between international firms subject to multi-agency review. Subjects covered include the harmonization and coordination of competition laws, cooperation between enforcement agencies, international judicial assistance, and the role of trade agreements and the World Trade Organization in international competition law. Noonan also examines the problems that States have in regulating conduct beyond their borders and the merits of a variety of potential responses.
He contends that there is an evolving international competition law system, albeit a somewhat chaotic one. States are only just beginning to see the system as a whole and are struggling to identify where their long-term interests lie. This book describes the elements of the system and their interactions, and explains how the system is evolving; suggesting what States, individually and collectively, could do to modify the system to their mutual advantage.
Readership: Scholars and advanced students of competition law, international economic law and the law of the WTO, policy makers in international trade and competition, competition/antitrust law practitioners
Table of Cases
Table of Treaties and International Instruments
Table of Legislation
Abbreviations
Part I: Understanding and Reconciling National Interests
1: Introduction
2: The Fundamental Forces Shaping the International Competition Law System
3: The Inevitably Incomplete Convergence of Competition Laws
4: The Limited Case for Harmonization to Protect Competitiveness
5: International Competition Law in a Trade Policy Framework
6: Private Market Access Barriers
Part II: Transnational Competition Law
7: Competition Law Jurisdiction under International Law
8: The Scope and Application of Competition Laws
9: International Competition Law Defences
10: The Proper Scope of Transnational Competition Law
Part III: The Internationalization of Competition Law
11: The Competition Law Rules of the World Trade Organization
12: Dispute Settlement and Enforcement
13: International Enforcement, Cooperation, and Judicial Assistance
14: The Emerging Principles of International Competition Law
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Chris Noonan, Senior Lecturer, University of Auckland
"This is a glorious work, which is rigorously researched...at turns informative and argumentative...sweeping in scope, and can only have been a labour of love...For policy-makers, academics and advanced students of competetition law this book should be essential reading" - Mark Furse, European Competition Law Review Vol 29 (12) 729-730
"This book is an indispensible source for students, lawyers, business persons, international trade agencies and government departments concerned with competition law. Noonan has made a fine attempt in bringing out the book up to date and ensured that there are no loose ends. The entire book has been written in a clear style which makes reading delectable. The book provides a valuable tool, a complete and well-structured overview of the subject and even suggests workable solutions to resolve emerging conflicts in International Competition Law. I therefore recommend this book without any reservation." - Aussenwirtschaft, 63. Jahrgang
