Edited by Josef Drexl, Mor Bakhoum, Eleanor M. Fox, Michal S. Gal and David J. Gerber
Mor Bakhoum The last decade has witnessed an increasing number of developing countries enacting competition laws and policies either on the national or on the regional level in the framework of regional trade agreements (RTAs). This development seems to stem from a mainstream view that regionalizing competition policies is a pertinent policy for developing countries. Regional competition policies, it is thought, would help developing countries not only overcome their lack of efﬁcient institutional settings and enforcement challenges, but also ensure better control over free competition in their newly created common free trade areas. As a consequence, competition-related provisions in RTAs are becoming ‘commonplace’. This trend has even been referred to by Michal Gal as the ‘new wave of regionalism’.1 Not surprisingly, competition-related provisions in RTAs have attracted a lot of attention in the international arena recently and developing countries are keen to enact regional competition policies given the promise of such an approach. Although a broad consensus seems to exist on the beneﬁts of regionalizing competition policies for development, the issue of the design of a regional competition law and policy adapted to the economic, political and cultural situation of developing countries remains an unsettled question. The literature2 exploring this new trend in developing countries is very optimistic on the potential beneﬁts of regional integration and regional competition policies in achieving their development objectives. The current scholarship has the merits of providing valuable insights on the experiences in different regional integration systems. However, studies are rare that...