By Andreas Mitschke
Two fields of financial examine in pageant coverage have won in value in occasions of monetary globalization. first of all, globalization has resurrected the talk no matter if there's a desire for foreign pageant ideas opposed to deepest anticompetitive practices and the way those ideas might be carried out within the top means. Secondly, the idea that of the overseas competitiveness of countries has turn into an important factor for all open economies. The dialogue of either issues directs the eye to a particular interface of those matters. The implementation of overseas pageant ideas could restrict or perhaps do away with nationwide festival coverage. the problem in query is to what volume nationwide festival coverage needs to be considered as an element of foreign competitiveness in order that nationwide antitrust coverage will be given precedence over foreign antitrust principles.
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Extra resources for The Influence of National Competition Policy on the International Competitiveness of Nations: A Contribution to the Debate on International Competition Rules
Notification. Bilateral agreements generally include the mutual obligation to notify the other government or competition authority of one´s own antitrust enforcement activities as soon as possible if these activities affect the 74 75 76 77 78 Ibid. p. 425. Ibid. Zanettin (2002) p. 5. Ibid. Cf. Galloway (2005) pp. 589ff. Galloway has analyzed and compared bilateral agreements to assess whether these agreements reflect specific relationships between the two parties or whether there is a large amount of convergence.
37. Melamed (1998). The Status Quo of International Competition Policy 33 ment activities independently or according to other provisions of the bilateral agreement. Mutual Legal Assistance Agreements. e. with regard to antitrust crimes like international pricefixing, bid-rigging, market division, and other hardcore cartels. 93 Either do they already possess this antitrust evidence or they investigate themselves, for example by means of subpoenas, to collect new evidence for the foreign antitrust authority.
2. Cf. Lloyd and Vautier (1999) pp. 33ff. An overview of bilateral enforcement cooperation agreements on competition can be found in Holmes et al. (2005) pp. , and in Kennedy (2001) pp. 22ff. Guzman (2004) p. 369. Tritell and Kraus (2006) p. 2. Ibid. p. 3. Melamed (1999) p. 423. Ibid. p. 425. 28 About the Necessity of International Competition Rules ternational standards and to build up resources so that these rules can be enforced. Furthermore, one-sided exchange of information also can aim at helping countries to acquire a ‘competition culture’.