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Competition Policy for the New Era: Insights from the BRICS Countries

Edited by: Tembinkosi Bonakele, Eleanor Fox, Liberty Mncube

ISBN13: 9780198810674
Published: November 2017
Publisher: Oxford University Press
Country of Publication: UK
Format: Hardback
Price: £91.00

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Competition law has expanded to more than 100 jurisdictions worldwide with varying degrees of economic, social, and institutional development, raising important questions as to what is the appropriate design of competition law regimes and the interaction between competition law and economic development.

This volume, comprising a selection of papers from the 4th BRICS International Competition Conference written by academic and practising economists and lawyers from both developed and developing countries, is distinctive in its focus on a broader view of competition policy in BRICS and developing countries.

It examines the role competition, the application of broader public interest and national interest concerns in the analysis and influence on developing country competition authorities' policy-making.

The contributors address topics such as:-

  • a broad view of competition policy;
  • making markets work for the people as a post millennium development goal;
  • some key issues concerning the further development of China's antimonopoly law;
  • remedies in BRICS countries;
  • public interest issues in cross-border mergers;
  • crafting creative remedies in food markets in South Africa;
  • what are African competition authorities doing to fight cartels?;
  • successes and challenges in the fight against cartels; and
  • the economics of antitrust sanctioning.

Competition Law
Introduction, Tembinkosi Bonakele, Eleanor M. Fox, and Liberty Mncube
1: Towards a Broader View of Competition Policy, Joseph E. Stiglitz
2: Outsider antitrust: "Making Markets Work for People" as a Post-Millennium Development Goal, Eleanor M. Fox
3: The Case for a BRICS Competition Agenda, Tembinkosi Bonakele
4: Global Governance of Antitrust and the need for a BRICS Joint Research Platform in Competition Law and Policy, Ioannis Lianos
5: BRICS and the Global Competition Law Project, Alexey Yurievich Ivanov
6: Successes and Challenges in the Fight Against Cartels, Joseph E. Harrington, Jr
7: The Economics of Antitrust Sanctioning: A Review with Recommendations for Improving Current Sanctioning Regimes, Yannis Katsoulacos and Eleni Metsiou
8: Remedies in BRICS Countries: Are There Lessons From and For Competition Economics, Svetlana Avdasheva and Tatiana Radchenko
9: Crafting Creative Competition Remedies in South Africa, Liberty Mncube, Thulani Mandiriza, and Michelle Viljoen
10: Public Interest Issues in Cross-Border Mergers: Is There a Role for Competition Authorities?, Yongama Njisane and Hardin Ratshisusu
11: Barriers to Entry and Implications for Competition Policy, Simon Roberts
12: Some Key Issues Concerning Further Development of China's Anti-Monopoly Law, Wang Xianlin
13: Excessive Pricing Regulation in China, South Africa, and Other BRICS Member States, Richard Murgatroyd, Yan Yu, and Innes Barnardt
14: Guidelines as a Tool to Promote Competition Enforcement in Brazil, Marcio de Oliveira Junior and Paulo Burnier da Silveira