An international multilevel competition policy system |
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Authors: | Oliver Budzinski |
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Institution: | (1) Campus Esbjerg, Department of Environmental and Business Economics, University of Southern Denmark, Niels Bohrs Vej 9-10, DK-6700 Esbjerg, Denmark |
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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 bridging a gap in the current world
economic order, i.e. the lack of supranational governance of private international restrictions to market competition. Such
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 antitrust regimes. |
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Keywords: | |
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