16 Pages Posted: 21 Nov 2012 Last revised: 3 Nov 2014
Date Written: November 21, 2012
In recent years the United Kingdom and various other countries have decided to restructure the institutions responsible for enforcing competition laws. How should a nation choose among myriad alternative arrangements? This paper lays out nine major institutional choices that governments must address in designing the implementation mechanism for a competition law. The paper discusses tradeoffs associated with each choice and examines interdependencies among different design elements. In doing so, the paper offers a structured framework that countries can use in forming new competition systems or altering existing institutional arrangements.
Keywords: competition agency, institutional design
JEL Classification: D73, K22
Suggested Citation: Suggested Citation
Kovacic, William E. and Hyman, David A., Competition Agency Design: What's on the Menu? (November 21, 2012). GWU Legal Studies Research Paper No. 2012-135; GWU Law School Public Law Research Paper No. 2012-135; Illinois Public Law Research Paper No. 13-26. Available at SSRN: https://ssrn.com/abstract=2179279 or http://dx.doi.org/10.2139/ssrn.2179279