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Most of the competition laws currently enforced by states aim to protect consumer welfare and promote fair competition by regulating against anticompetitive behavior. Yet despite the shared objectives the global community does not have a common global competition law. In exploring the reasons for this, this book takes a unique interdisciplinary approach by using international relations theories to illustrate the relationship between the enforcement of competition laws and international relations through an analysis of competition cases relating to cartels, extraterritoriality, and corporate mergers and acquisitions.
Through an examination of this relationship, this book will consider why the views held by state leaders on the condition of international relations may at times lead them to either arbitrarily over-enforce or disregard their competition laws to the detriment of fair competition and consumer welfare. This book also provides suggestions for global business investors who face competition law issues on how they may accommodate such views.
List of contents
1. Introduction 2. The Development of Competition Laws and a Hypothesis 3. Overview of International Relations Theories 4. Cartels: Illegal and/or in the National Interest? 5. The Extraterritorial Application of Competition Laws 6. Mergers and Acquisitions and National Interests 7. Conclusion
About the author
Ko Unoki has been involved with global marketing, corporate strategy formulation, and strategic alliances while working in the electronics and healthcare industries for several decades, and was also a Senior Fellow at The 21st Century Public Policy Institute of the Federation of Japanese Economic Organizations (Keidanren). He received a Doctor of Business Administration degree from Hitotsubashi University, Japan.
Summary
This book takes a unique interdisciplinary approach by using international relations theories to illustrate the relationship between enforcement of competition laws and international relations through competition cases relating to cartels, extraterritoriality, and corporate mergers and acquisitions.