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Competition Policy and Regional Integration in Developing Countries

Competition Policy and Regional Integration in Developing Countries

Edited by Josef Drexl, Mor Bakhoum, Eleanor M. Fox, Michal S. Gal and David J. Gerber

The book provides insights on the regional integration experiences in developing countries, their potential for development and the role of competition law and policy in the process. Moreover, the book emphasizes the development dimension both of regional competition policies and of competition law. Although it holds many promises for developing countries, some challenges must be overcome for the process of creating a regional market and applying a competition law, to be successful. This timely book delivers concrete proposals that will help to unleash the potential of regional integration and regional competition policies, and help developing countries fully enjoy the benefits deriving from a regional market.

Chapter 13: Competition, Development and Regional Integration: In Search of a Competition Law Fit for Developing Countries

Eleanor M. Fox

Subjects: development studies, law and development, law - academic, competition and antitrust law, law and development


JOBNAME: Drexl PAGE: 1 SESS: 5 OUTPUT: Tue Jul 10 16:13:59 2012 13. Competition, development and regional integration: in search of a competition law fit for developing countries Eleanor M. Fox* 1. INTRODUCTION This chapter addresses the development dimension of competition policies in regional trade areas. In the context of regional collaboration, what character and design of competition law and policy will best enhance development? The question evokes a more generic one: In general, what competition law and policy will best enhance development? I approach these questions by looking first at the daunting economic challenges of developing countries, the fit of competition policy and law to help address the challenges, and the choices available to developing countries as they choose a competition law perspective. I then review the benefits and costs of the regional context. The chapter argues that developing countries must develop their own brand of competition law, resisting pressures to copy ‘international standards’ without regard to fit; and it makes suggestions as to how to find common ground on rules and standards that developing countries and regions can call their own. * The author thanks Michal Gal, Simon Roberts and D. Daniel Sokol for their most helpful comments. She thanks the Filomen D’Agostino and Max E. Greenberg Foundation for research support. 273 Columns Design XML Ltd / Job: Drexl-Competition_Policy_and_Regional_Integration 30/5 / Division: 13Fox_typeset /Pg. Position: 1 / Date: JOBNAME: Drexl PAGE: 2 SESS: 5 OUTPUT: Tue Jul 10 16:13:59...

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