We welcome your feedback. Please
email your suggestions and ideas to us.
Art
AUTHOR:
Wolfgang Kerber and Oliver Budzinski
TITLE:
Towards a Differentiated Analysis of Competition of Competition Laws
SUGGESTED CITATION:
Wolfgang Kerber and Oliver Budzinski
(2004)
"Towards a Differentiated Analysis of Competition of Competition Laws",
German Working Papers in Law and Economics:
Vol. 2004:
Article 12.
http://www.bepress.com/gwp/default/vol2004/iss1/art12
Printing Tip: Select the option to 'print as image' in the Acrobat print dialog to ensure the article prints as it appears on screen.
Learn more...
ABSTRACT:
Can "competition of competition laws" be a feasible concept that should play an important role in an international order for the worldwide protection of competition? We introduce four different types of regulatory competition that allow for a more differentiated analysis of beneficial and deficient effects of competition of competition laws. Our analysis shows that most types of regulatory competition have a rather limited scope for application to competition laws. However, yardstick competition can be very promising and represents a powerful argument against centralisation. An important result of our analysis is that the institutional framework of any competition of competition laws plays a crucial role for its workability.