Global Competition Enforcement: New Players, New Challenges

Global Competition Enforcement focuses on emerging economies and competition authorities’ experience and fosters diversity and inclusiveness that are the cornerstone of the United Nations’ mandate. In a short span of years, the landscape of global competition has changed significantly. In particular, international cooperation in competition law enforcement has greatly strengthened the battle against abuse of dominance, cartels, anticompetitive mergers and related political corruption. Digitalization opened a new era of competition law and policy. The digital economy entails new challenges to competition authorities worldwide which require greater cooperation efforts towards convergence and consistency. This thoroughly researched book explains the current situation regarding joint investigations, identifies common problems and considers possible solutions and future developments. In addition to covering issues of competition policy, its authors look in detail at practice in both merger and conduct investigations in a variety of countries.

What’s in this book:

The following aspects of the subject and more are examined in depth:

• the interface between antitrust and anti-corruption;
• the digital economy’s challenges to competition authorities;
• convergent aims and rules among different competition authorities;
• regional organizations with competition mandates;
• competition neutrality and state-owned enterprises; and
• leniency programmes.

Although, necessarily, there is considerable information on major antitrust regimes like those of the United States and the European Union, chapters by local experts highlight lessons to be learned from the work of competition authorities including Argentina, Australia, Brazil, China, Colombia, India, Japan, Mauritius, Mexico, Peru and South Africa. The contributors include competition enforcers, regulators, academics, practitioners and leading commentators from a range of jurisdictions.

How this will help you:

Adding up to an authoritative analysis from the enforcer’s perspective, the studies presented in the book clarify the approaches and priorities of competition enforcement authorities – including those of major emerging economies – and provide expert guidance on dealing with transnational investigations, which will continue to be an important topic for practitioners, academics and regulators. Antitrust lawyers, corporate counsel and policymakers will benefit immeasurably from this book’s wealth of informative detail.