Competition policy is in the process of adoption in dozens of nations worldwide, at a time when competition laws have necessarily become applicable to such new fields as trade, investment, intellectual property rights, information technology, and global consumer protection. Although vigorous enforcement - especially across borders - remains the most serious challenge to global success, it is also important to recognize that the established American-European model of competition policy may not be the ""right thing"" for countries with radically different cultural traditions, especially less-developed countries. This book explores the prospects for competition policy, its likely development, and its ever-more-central role in the world trade regime.;With this book, interested parties may benefit from the perspectives of scholars and policymakers representing Asia Pacific, Europe, and North and South America. Issues investigated include: the costs of absorbing a new technology; distinct and evolving national competition policies and the fabric of world trade; extraterritorial enforcement and co-operation agreements; criteria for ""material injury"" in international trade rules; collusive technology transfer barriers; the re-emergence of transnational cartels; and the tendency of anti-dumping rules to foster cartelization. The major competition policy issues on the international agenda - the harmonization of national policies and international trade rules; the integration of intellectual property rights, technology transfer, and investment; and enforcement co-operation across borders - are all analyzed in depth from many different angles. This is a valuable book for practitioners, government officials, and academics in this critical area of contemporary law and policy.
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