An International Multilevel Competition Policy System

Oliver Budzinski

No 83/09, Working Papers from University of Southern Denmark, Department of Sociology, 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 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. This contribution is part of the refereed research project International Competition Policy - A Decentralised System of International Merger Control funded by the Volkswagen Foundation, priority area Global Structures and Governance.

Keywords: International competition policy; multilevel systems; international governance; economics of federalism; international economic order; international antitrust (search for similar items in EconPapers)
JEL-codes: F02 F53 K21 L40 (search for similar items in EconPapers)
Pages: 53 pages
Date: 2009-02
New Economics Papers: this item is included in nep-com
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Citations: View citations in EconPapers (7)

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Related works:
Journal Article: An international multilevel competition policy system (2009)
Working Paper: An international multilevel competition policy system (2007)
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