International antitrust institutions

Arbeitspapier

The paper discussed the economic theory of international antitrust institutions. Economic theory shows that non-coordinated competition policies of regimes that are territorially smaller than the international markets on which business companies compete violate cross-border allocative efficiency and are deficient with respect to global welfare. At the same time, some diversity of antitrust institutions and policies promotes dynamic and evolutionary efficiency so that globally binding, worldwide homogenous competition rules do not represent a first-best solution either. After reviewing the existing international antitrust institutions and their prospects and limits from an economic perspective (with a focus on the International Competition Network, ICN), the paper discusses reform proposals from economic literature.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Ilmenau Economics Discussion Papers ; No. 72

Classification and Topics

• Classification: Wirtschaft ; International Economic Order and Integration ; International Agreements and Observance; International Organizations ; International Institutional Arrangements ; Antitrust Law ; Antitrust Issues and Policies: General ; Institutions: Design, Formation, Operations, and Impact
• Subject: international competition policy ; international antitrust ; International ; Competition Network ; global governance ; WTO ; institutions ; international organizations

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Budzinski, Oliver
• Event: Veröffentlichung
• (who): Technische Universität Ilmenau, Institut für Volkswirtschaftslehre
• (where): Ilmenau
• (when): 2012

Further information

• Handle: http://hdl.handle.net/10419/67112
• Last update: 10.03.2025, 11:41 AM CET