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File name: SSRN-id927710. ; Size: 148K
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An International Multilevel Competition Policy System
Oliver Budzinski
Ilmenau University of Technology; University of Southern Denmark - Department of Environmental and Business Economics
Abstract:
This paper develops a proposal for an international multilevel competition policy system, which draws on the insights of the analysis of multilevel systems of institutions. In doing so, it targets to contribute to bridge a gap in the current world economic order, i.e. the supranational governance of private international restrictions to market competition. Such a governance can effectively be designed against the background of a combination of the well-known nondiscrimination principle and a lead jurisdiction model. Put very briefly, competition policy on the global level restricts itself to the selection and appointment of appropriate lead jurisdictions for concrete cross-border antitrust cases, while the substantive treatment remains within the competence of the existing national and regional-supranational antitrust regimes.
Number of Pages in PDF File: 20
Keywords: international competition policy, multilevel systems, international governance, economics of federalism, international economic order, international antitrust
JEL Classification: F02, K21, L40, F53
working papers series
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Date posted: August 31, 2006
Suggested CitationBudzinski, Oliver, An International Multilevel Competition Policy System. Available at SSRN: http://ssrn.com/abstract=927710 or http://dx.doi.org/10.2139/ssrn.927710
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