Competition Policies for the Global Economy

This is a well-preserved paperback copy of 'Competition Policies for the Global Economy' in good condition. Authored by Edward Montgomery Graham and J. David Richardson and published by the Peterson Institute in 1997, this significant work addresses the growing importance of private barriers to competition in an era of declining border barriers. The book delves into international trade disputes stemming from private business practices that allegedly block market access, citing high-profile conflicts such as those between Japan and the United States over semiconductors and auto parts, and the EU and US regarding aerospace mergers. It comprehensively surveys national competition policies and their implications for international trade and investment. The authors provide detailed recommendations for international agreements on minimum standards for competition-policy measures that affect the ability of foreign firms to contest markets. These standards could be negotiated and implemented bilaterally, regionally, and globally through the World Trade Organization (WTO), proposing initial steps like "national treatment" for foreign-controlled firms, abolition of most international cartels, and mandatory consultation procedures for foreclosed exports or direct investment. The authors also advocate for premerger notification requirements for transborder mergers. A crucial resource for anyone studying international economics, trade policy, antitrust law, and global business regulation.

• Author: Graham, Edward Montgomery; Richardson, J. David
• Publisher: Peterson Institute
• Year: 1997
• Binding: Paperback
• Condition: Good
• ISBN: 9780881322491