Competition Agency Design: What's on the Menu?
William E. Kovacic
George Washington University - Law School; King's College London – The Dickson Poon School of Law
David A. Hyman
University of Illinois College of Law
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
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.
Number of Pages in PDF File: 16
Keywords: competition agency, institutional design
JEL Classification: D73, K22
Date posted: November 21, 2012 ; Last revised: November 3, 2014