Wildy Logo
(020) 7242 5778
enquiries@wildy.com

Book of the Month

Cover of Company Directors: Duties, Liabilities and Remedies

Company Directors: Duties, Liabilities and Remedies

Edited by: Mark Arnold KC, Simon Mortimore KC
Price: £275.00

Lord Denning: Life, Law and Legacy



  


Welcome to Wildys

Watch


NEW EDITION Pre-order Mortgage Receivership: Law and Practice



 Stephanie Tozer, Cecily Crampin, Tricia Hemans
Practical guidance to relevant law & procedure


Offers for Newly Called Barristers & Students

Special Discounts for Newly Called & Students

Read More ...


Secondhand & Out of Print

Browse Secondhand Online

Read More...


Easter Closing

We will be closed between Friday 29th March and Monday 1st April for the Easter Bank Holidays, reopening at 8.30am on Tuesday 2nd April. Any orders received during this period will be processed with when we re-open.

Hide this message

Cartels, Competition and Public Procurement: Law and Economic Approaches to Bid Rigging


ISBN13: 9780857936745
Published: April 2013
Publisher: Edward Elgar Publishing Limited
Country of Publication: UK
Format: Hardback
Price: £120.00



Despatched in 3 to 5 days.

Cartels, Competition and Public Procurement uses a law and economics approach to analyse whether competition and public procurement laws in Europe, and Asia deal effectively with bid rigging conspiracies. Stefan Weishaar explores the ways in which economic theory can be used to mitigate the adverse effects of bid rigging cartels. The study sheds light on one of the vital issues for achieving cost-effective public procurement - which is itself a critical question in the context of the global financial crisis.

The book comprehensively examines whether different laws deal effectively with bid rigging and the ways in which economic theory can be used to mitigate the adverse effects of such cartels. The employed industrial economics and auction theory highlight shortcomings of the law in all three jurisdictions - the European Union, China and Japan - and seek to raise awareness of decision and policy makers of when extra precautionary measures against bid rigging conspiracies should be taken. Students and researchers who have a keen interest in the relationship between law and economics, competition law and public procurement law will find this topical book invaluable. Practitioners can see how economic theory can be used to identify situations that lend themselves to bid rigging and policymakers will be informed about the short comings of existing legislation from a law and economics perspective and will be inspired by approaches taken in different jurisdictions.

Subjects:
Competition Law, Public Procurement, Law and Economics
Contents:
1. Introduction

Part I: Economic Theory
2. Economic Theory on Optimal Deterrence and Enforcement
3. Industrial Economics
4. Auction Theory and Collusion

Part II: Legal Analysis
5. Effectiveness of the Legal Regime Applicable to Bid Rigging in the EU
6. Europe: Auction Theory Application
7. Effectiveness of the Legal Regime Applicable to Bid Rigging in China
8. China: Auction Theory Application
9. Effectiveness of the Legal Regime Applicable to Bid Rigging in Japan
10. The Japanese Construction Sector
11. Limits of Economic Theories and Concluding Remarks

Appendix
References