1 Introduction
The number of jurisdictions with a competition law has increased rapidly since the early 1990s, growing from fewer than 20 in 1990 to over 130 today.
Despite the absence of formal international agreements on competition law or formal competition-related rules that apply on a global scale, an international consensus on the soft norms, standards and .
2 Development of International Competition Law Norms and The Key Players
An international consensus on competition law developed in large part as a response to the increasing number of jurisdictions with a competition law.
As noted above, the number of jurisdictions with a competition law has grown rapidly since the early 1990s.
The competition laws drafted and adopted by new competition jurisdictions have tended to fol.
3 China’s Approach to Competition Law and Engagement with International Norms
To assess the approach that China takes to competition law and its engagement with international competition law norms, this article draws a distinction between China’s formal acceptance of the norms and its implemented understanding of them.
Formal acceptance refers to the extent to which international norms have been incorporated into the text, l.
4 Evaluating China’s Potential Impact on International Competition Law Norms
This article’s evaluation of the potential implications of China on international competition law considers two related strands.
First, to what extent does China’s approach to competition law present a challenge or alternative to the existing international consensus on competition law and, second, if there is indeed such a contestation of norms pre.
Could harmonisation of competition law be a solution for globalisation?
It will evaluate the benefits and the pitfalls of harmonisation of competition law in the context of globalisation, as to whether the notion of "one size fits all" presumably based on a developed countries model could be a solution for international competition law, especially from the position of small and developing countries.
How does competition affect global economic development?
This has long meant that the US (and, more recently, the EU) structure global competition, but China and other countries are increasingly using their economic and political leverage to apply their own competition laws to global markets.
The result is increasing uncertainty, costs, and conflicts that burden global economic development.
What is global competition law?
David J.
Gerber, GLOBAL COMPETITION:
LAW MARKETS AND GLOBALIZATION Oxford University Press 2010 Global competition now shapes economies and societies in ways unimaginable only a few years ago and competition (or ‘antitrust’) law is a key component of the legal framework for global competition. Why is national competition law important?
The laws, institutions, and principles of the international domain increasingly influence national competition law development, and national competition law experience provides both the lenses through which decision makers view transnational competition issues and the incentive structures that generate their competition law decisions.
