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Competition Agency Design: What's on the Menu?

16 Pages Posted: 21 Nov 2012 Last revised: 3 Nov 2014

William E. Kovacic

George Washington University - Law School; King's College London – The Dickson Poon School of Law

David A. Hyman

Georgetown University

Date Written: November 21, 2012

Abstract

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

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

William E. Kovacic

George Washington University - Law School ( email )

2000 H Street, N.W.
Washington, DC 20052
United States
202.994.8123 (Phone)

HOME PAGE: http://www.law.gwu.edu/faculty/profile.aspx?id=1731

King's College London – The Dickson Poon School of Law

Somerset House East Wing
Strand
London, WC2R 2LS
United Kingdom

David A. Hyman (Contact Author)

Georgetown University ( email )

Washington, DC 20057
United States

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