Download or read book Cartelization Antitrust and Globalization in the US and Europe written by Mark S. LeClair and published by Taylor & Francis. This book was released on 2012-07-26 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: The uncovering of a great number of cartels in the industrialised world has left an unfortunate, yet significant, mark on global economic developments in recent years. Globalization has forced firms into more direct competition; the result has been global price-fixing. This situation has greatly challenged antitrust authorities. Taking a broad yet detailed approach, this work sets a practical explanation of the history of cartels and antitrust law in a sound theoretical framework, as well as providing suggestions as to how potential reforms of antitrust laws could improve the situation going forward. The book includes a comprehensive analysis of the motivations behind and perceived necessity for organisations to enter into cartels, and the success or otherwise of legislatures’ attempts to both uncover and prevent such cartels from taking place. A total of 24 price-fixing conspiracies uncovered in the US and Europe are examined as part of the analysis to demonstrate the globalization of collusion.
Download or read book Regulating Cartels in Europe written by Christopher Harding and published by . This book was released on 2010 with total page 439 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the most contentious and high-profile aspects of EU competition law and policy has been the regulation of those serious competition or antitrust violations now often referred to as 'hard core cartels'. Such cartel activity typically involves large and powerful corporate producers and traders operating across Europe and beyond, and comprise practices such as price fixing, bid rigging, market sharing, and limiting production in order to ensure 'market stability' and maintain and increase profits. There is little disagreement now, in terms of competition theory and policy at both international and national levels, regarding the damaging effect of such trading practices on public and consumer interests, and such cartels have been subject to increasing condemnation in the legal process of regulating and protecting competition. Regulating Cartels in Europe provides critical evaluation of the way in which European-level regulation has evolved to deal with the activities of such anti-competitive business cartels. They trace the historical development of cartel regulation in Europe, comparing the more pragmatic and empirical approached favored in Europe with the more dogmatic and uncompromising American policy on cartels. In particular, the work considers critically the move towards the use of fully fledged criminal proceedings in this area of legal control, examining evolving aspects of enforcement policy such as the use of leniency programs and the deployment of a range of criminal law and other sanctions. This new edition of the work covers emerging themes and arguments in the discipline, including the judicial review of decisions against cartels, the criminological and legal basis of the criminalization of cartel conduct, and the range and effectiveness of sanctions used in response to cartel activity.
Download or read book Globalisation Criminal Law and Criminal Justice written by Valsamis Mitsilegas and published by Bloomsbury Publishing. This book was released on 2015-01-22 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book consists of the keynote papers delivered at the 2012 WG Hart Workshop on Globalisation, Criminal Law and Criminal Justice organised by the Queen Mary Criminal Justice Centre. The volume addresses, from a cross-disciplinary perspective, the multifarious relationship between globalisation on the one hand, and criminal law and justice on the other hand. At a time when economic, political and cultural systems across different jurisdictions are increasingly becoming or are perceived to be parts of a coherent global whole, it appears that the study of crime and criminal justice policies and practices can no longer be restricted within the boundaries of individual nation-states or even particular transnational regions. But in which specific fields, to what extent, and in what ways does globalisation influence crime and criminal justice in disparate jurisdictions? Which are the factors that facilitate or prevent such influence at a domestic and/or regional level? And how does or should scholarly inquiry explore these themes? These are all key questions which are addressed by the contributors to the volume. In addition to contributions focusing on theoretical and comparative dimensions of globalisation in criminal law and justice, the volume includes sections focusing on the role of evidence in the development of criminal justice policy, the development of European criminal law and its relationship with national and transnational legal orders, and the influence of globalisation on the interplay between criminal and administrative law.
Download or read book Fighting Cross Border Cartels written by Pierre Horna and published by Bloomsbury Publishing. This book was released on 2020-03-19 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first detailed treatment of the approaches taken to enforce competition laws against cross-border cartels (CBCs) from the perspective of young and small competition authorities (more than 70% of the total number of authorities worldwide). No other legal or inter-disciplinary scholarship exists in the market that deals with the issue of a taxonomy of CBCs combined with young/small competition authorities' problems. The book looks at the extent of the harms caused by CBCs and issues associated with tackling them at a transnational level. It explains why past solutions to problems with cooperation have failed and proposes novel ideas on how to improve cooperation and coordination in certain types of CBC investigations (transnational and regional CBCs). The proposals are based on primary-source information and observations made by the author as part of his work in the UN, and interviews with leading enforcers from young, small, old and large jurisdictions. Young/small competition authorities, competition lawyers and economists, scholars and students within the fields of competition law and international law, and those interested in international cooperation and coordination in the area of cartel enforcement in emerging markets will greatly benefit from this book. It is clearly structured and extensively referenced, providing a valuable guide to the topic.
Download or read book Lectures on Antitrust Economics written by Michael Dennis Whinston and published by . This book was released on 2006 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Antitrust law regulates economic activity but differs in its operation from what is traditionally considered "regulation." Where regulation is often industry-specific and involves the direct setting of prices, product characteristics, or entry, antitrust law focuses more broadly on maintaining certain basic rules of competition. In these lectures Michael Whinston offers an accessible and lucid account of the economics behind antitrust law, looking at some of the most recent developments in antitrust economics and highlighting areas that require further research. He focuses on three areas: price fixing, in which competitors agree to restrict output or raise price; horizontal mergers, in which competitors agree to merge their operations; and exclusionary vertical contracts, in which a competitor seeks to exclude a rival. Antitrust commentators widely regard the prohibition on price fixing as the most settled and economically sound area of antitrust. Whinston's discussion seeks to unsettle this view, suggesting that some fundamental issues in this area are, in fact, not well understood. In his discussion of horizontal mergers, Whinston describes the substantial advances in recent theoretical and empirical work and suggests fruitful directions for further research. The complex area of exclusionary vertical contracts is perhaps the most controversial in antitrust. The influential "Chicago School" cast doubt on arguments that vertical contracts could be profitably used to exclude rivals. Recent theoretical work, to which Whinston has made important contributions, instead shows that such contracts can be profitable tools for exclusion. Whinston's discussion sheds light on the controversy in this area and the nature of those recent theoretical contributions. Sponsored by the Universidad Torcuato Di Tella
Download or read book The Brussels Effect written by Anu Bradford and published by Oxford University Press. This book was released on 2020-01-27 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: For many observers, the European Union is mired in a deep crisis. Between sluggish growth; political turmoil following a decade of austerity politics; Brexit; and the rise of Asian influence, the EU is seen as a declining power on the world stage. Columbia Law professor Anu Bradford argues the opposite in her important new book The Brussels Effect: the EU remains an influential superpower that shapes the world in its image. By promulgating regulations that shape the international business environment, elevating standards worldwide, and leading to a notable Europeanization of many important aspects of global commerce, the EU has managed to shape policy in areas such as data privacy, consumer health and safety, environmental protection, antitrust, and online hate speech. And in contrast to how superpowers wield their global influence, the Brussels Effect - a phrase first coined by Bradford in 2012- absolves the EU from playing a direct role in imposing standards, as market forces alone are often sufficient as multinational companies voluntarily extend the EU rule to govern their global operations. The Brussels Effect shows how the EU has acquired such power, why multinational companies use EU standards as global standards, and why the EU's role as the world's regulator is likely to outlive its gradual economic decline, extending the EU's influence long into the future.
Download or read book The International Aluminium Cartel written by Marco Bertilorenzi and published by Routledge. This book was released on 2015-09-16 with total page 421 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aluminium was one of most cartelised industries in the international economic panorama of the 20th century. Born following the discovery of electrolytic smelting process in 1886, this industry, even in its infancy, established a cartel which characterised its history until nearly 1980. Managers of the aluminium industry from various historical eras and countries shared the same vision about the development of their industry: to keep prices as stable as possible in order to encourage expansions and to provide return on investments. Price instability, which characterised the trade of other commodities, was unknown to the aluminium industry. This book neither argues that cartels are fundamentally evil, nor attempts to demonstrate that cartels are optimal business organisations. It instead provides an in-depth and frank analysis of the internal working of industrial organisations and of the interplay between cartels and political powers and institutions. The International Aluminium Cartel offers explanations for the construction and collapse of cartels, descriptions of their operations, and an historical interpretation of their experiences. Incorporating information gleaned from a unique collection of private and public archives from several countries, this unique study will appeal to a wide variety of readers, including academics interested in industrial and business history.
Download or read book Multilateralism and Regionalism in Global Economic Governance written by Junji Nakagawa and published by Routledge. This book was released on 2012-03-29 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book deals with the better governance of trade, investment and finance in Asia. It provides readers with clear and broad ideas as to what opportunities and challenges Asia is facing in the governance of trade, investment and finance in the region as well as globally which has so far been almost inexistent both in academia and in practice.
Download or read book Competition Law and Antitrust written by David J. Gerber and published by . This book was released on 2020 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Competition law now affects virtually all aspects of economic life in many parts of the world. This book provides an overview of competition law's substantive content and methods as well as an analysis of its dynamics. It is a critical tool for anyone dealing with competition law.
Download or read book Globalism and Regional Economy written by Susumu Egashiru and published by Routledge. This book was released on 2013-09-23 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book covers the results of trial and error of regional economies in Japan, Korea, Austria, New Zealand, and the UK over the past two decades. Since the end of the cold war, regional economies have been struggling to meet the demands of global change, and are trying to find a new approach based on "inter-regional cooperation" to survive and develop further. This book focuses on the circumstances of regional economies worldwide as well as three important issues of concern: commercial and policy issues, international trade, and promoting a regional approach in international tourism. The book presents case studies of five countries and examines the possibility of application to other regions. Although every region has suffered from the decline of traditional industries in the face of international competition, academic analysis of successful cases are particularly useful and relevant to the reforms of regional economies and their development. This book also discusses the current problems of FTAs, tourism, medical management, and regional management and suggests possible short-term development strategies. Regional economies have begun a number of initiatives in these fields in the globalized world. The book demonstrates the current results of such initiatives. The book also explores new patterns of collaboration between regions of different countries following their recent initiatives.
Download or read book Diversity and Transformations of Asian Capitalisms written by Robert Boyer and published by Routledge. This book was released on 2013-05-13 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: Among a vast literature on the Asian economies, the book proposes a distinctive approach, inspired by Régulation Theory, in order to understand the current transformations of the Asian economies. The book follows their transformations after the 1997 Asian crisis until the subprime crisis. During this period, the viability of their growth regime was to coherence of five basic institutional forms: the degree of competition and insertion into the world economy, the nature of labour market organization, the monetary and exchange rate regimes and finally the style for State intervention via legislation, public spending and tax. The book provides new findings. The degree of financial liberalization and opening to the world economy largely determines the severity of the 2008-2009 recession and the political-economic reactions of each Asian countries to the subprime crisis. Asian capitalisms are distinct from American and European ones, but they are quite diverse among themselves, and this differentiation has been widening during the last decade. This book will help to shed light on a de facto regional economic integration is taking place in Asia, but unsolved past political conflicts do hinder the institutionalisation of these interdependencies.
Download or read book Aging and Economic Growth in the Pacific Region written by Akira Kohsaka and published by Routledge. This book was released on 2013 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: First Published in 2013. Routledge is an imprint of Taylor & Francis, an informa company.
Download or read book Knowledge Transfer in the Automobile Industry written by Dessy Irawati and published by Routledge. This book was released on 2011-09-29 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book provides a detailed theoretical framework and a case study on how FDI in the form of knowledge transfer from overseas MNEs contributes to the upgrading of regional manufacturing clusters. Although regional clusters have been the subject of many books, this book is one of the few that explicitly links regional clusters to global networks. It explains how being part of global networks can both facilitate and hinder the development of a regional cluster.
Download or read book Moving Out of Poverty written by Jonna P. Estudillo and published by Routledge. This book was released on 2015-08-20 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: The words of US President John F. Kennedy, "the rising tide lifts all boats," can be applied to inclusive growth in contemporary Asia, where the poor are able to participate in and benefit from economic growth. Moving Out of Poverty explores three channels through which economic growth confers gains to the poor and improves the status of women. The first is creation of productive employment, as labor is typically the most abundant asset of the poor, and economic growth has created jobs in labor-intensive sectors. The second is investment in schooling which, coupled with increased opportunities to earn income, has elevated womens' status in society. The third is increased availability of improved infrastructure, which directly impacts increasing household income from wage work and self-employment activities. This book will be of great value to development economists, students and researchers interested in rural economies in Asia, and policymakers engaged in poverty reduction.
Download or read book Innovation and Regional Development in China written by Ingo Liefner and published by Routledge. This book was released on 2013-07-24 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although China is now the ‘factory of the world’, there is no reason to expect that it will always be content with manufacturing labor-intensive goods for foreign corporations. Scholars must now ask: What is the current level of innovation in China? And how can we face this challenge and renovate industrial production and innovation capacities in developed countries? This edited volume investigates the unique characteristics of Chinese innovation and regional development, China’s policy framework, and the role that transnational corporations play in China’s increasing innovation activities. This book contributes to the heated debate regarding pathways for technology progress and regional development in developing countries, and identifies the ways in which local production networks respond to different configurations of external linkages. Linking patterns of global and local production networks with the trajectories of technology development and regional development allows the authors to theorize and test whether, and how, particular configurations of production networks generate divergent long-term local productivity growth and technological development outcomes. Innovation and Regional Development in China will be of interest to geographers, economists, China specialists, development specialists, and scholars working on innovation and regional development in developing areas and transition countries.
Download or read book China India Economics written by Amitendu Palit and published by Routledge. This book was released on 2013-06-17 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: A review of the existing literature on the China-India comparative theme conveys the distinct impression that the literature largely projects China and India as intrinsically competitive entities. While much has been written on where and why China and India are contesting, particularly from a political sense, very little attention has been devoted to mutual collaboration, whether existing or potential. Such possibilities are at their greatest in economics, which will dominate the future China-India relationship. This book explores Sino-Indian ties from a comparative economic perspective and argues that it is erroneous to visualise the ties either from exclusively competitive or collaborative perspectives. The future relationship between the two countries will be characterised simultaneously by two ‘C’s: competition and collaboration, which are both linked to common challenges facing them. Arguing that while competition in the economic sphere is inevitable, given their size and aspirations, the book contends that negative externalities from competition will encourage both countries to collaborate and expand the scope of such collaboration. The book's refreshing angle makes it a must-read for those interested in Sino-Indian relationship.
Download or read book The Internationlization of the Renminbi written by International Monetary Institute and published by Routledge. This book was released on 2013-11-07 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent financial crisis, rooted in the United States, has changed the world’s economic and financial structures. The Chinese government has made some arrangements in the post-crisis to ensure stable economic growth in volatile international economic environments and to protect its own interests from unfair international monetary treatments. The internationalization of Renminbi (RMB) is one of China's most important national strategies in the 21st century and is symbolic in the rise of China. This book aims to document the process and the development of the internationalization of Renminbi and to identify the challenges. The book introduces an index of internationalization of Renminbi. It also uses a comprehensive multi-variable index to determine the degree of internationalization of Renminbi. This book helps readers to understand the current status of the reformation on China’s currency system, the process of internationalization of the RMB and the current, intricate political and economic relations.
