Antitrust Bulletin articles from March 1998

Antitrust Bulletin archives from March 1998

International antitrust: against minimum rules; for cosmopolitan principles.(International Competition Policy)
March 22, 1998... The globalization of markets has led inevitably to proposals for the globalization of antitrust. Some commentators have divided the proposals into two categories: minimum or detailed substantive rules for the world, and unilateral action...

Perilous beginnings: the establishment of antimonopoly and consumer protection programs in the Republic of Georgia.(International Competition Policy)
March 22, 1998... I. Introduction The Republic of Georgia is in the early stages of implementing new antitrust and consumer protection laws. The foundations for competition and consumer protection policy in Georgia are the Consumer Rights Protection Law of...

Harmonizing of competition policies among Mercosur countries.(International Competition Policy)
March 22, 1998... I. Introduction The harmonization of competition policies has been on the agenda of the Common Market of the Southern Cone (hereinafter Mercosur) project since the signing of the Treaty of Asuncion in 1991.(1) According to its first...

Antitrust and state action in transition economies.(International Competition Policy)
March 22, 1998... I. Introduction Policy makers and economists know well that regulations and other actions of the state can exert a profound and occasionally malodorous effect on competition and the efficiency of markets. Examples abound in U.S. trade...

The worldwide growth of competition law: an empirical analysis.(International Competition Policy)
March 22, 1998... The objective of this article is to discuss and test a number of hypotheses concerning the recent growth in competition law. Subjecting competition law to empirical testing is not a novel idea. Judge Posner, in his pioneering study of U.S....

Recent decisions by the Venezuelan and Peruvian agencies: lessons for the export of antitrust.(International Competition Policy)
March 22, 1998... I. Introduction Over the past half century, there have been several unsuccessful attempts to devise and implement a single system of international competition regulations.(1) Largely as a result of worldwide political and economic...

Competition law in Central and Eastern Europe: five years later.(Competition Policies for Developing European Economies)
March 22, 1998... The first competition laws enacted in post-socialist Central and Eastern Europe (CEE) came into force in 1990 (Poland) and 1991 (Hungary, Czechoslovakia, Russia). Like other CEE competition laws enacted later, these laws were typically crafted...

Natural monopoly regulation and competition policy in Russia.(Competition Policies for Developing European Economies)
March 22, 1998... I. Introduction Natural monopoly regulation is among the most recent and important elements of competition policy in Russia. Its novelty lies in part in the fact that the basic legislative framework for natural monopoly regulation was...

A Chicago-school approach to antitrust for developing economies.(Competition Policies for Developing European Economies)
March 22, 1998... I. Introduction We are now in year 7 A.K. (after Kodak), and "post-Chicago antitrust" is still in vogue.(1) While market-failure theories in industrial organization have never been in short supply, the demand for them is now more robust....

Rights and wrongs: a property rights perspective of Russia's market reforms.(Competition Policies for Developing European Economies)
March 22, 1998... I. Introduction Many researchers have written about the economic transition of the former Communist countries of Eastern Europe and the former Soviet Union.(1) The experiences of these countries have been compared and contrasted in an...