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Andrew Mason and Sang-Hyop Lee

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Sang-Hyop Lee and Andrew Mason

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Sang-Hyop Lee and Naohiro Ogawa

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Andy Mason, Sang-Hyop Lee and Ronald Lee

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Edited by Jay P. Choi, Wonhyuk Lim and Sang-Hyop Lee

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Jay Pil Choi, Wonhyuk Lim and Sang-Hyop Lee

During the past decade and a half, there has been a marked shift in emphasis from industrial policy to competition policy. Yet many challenges remain. Many industries are still highly concentrated and overall market concentration has increased since the mid-2000s. The Fair Trade Commission is still committed to its competition-advocacy role, but institutional legacies tend to impede progress on core competition issues. The commission should conduct rigorous market studies and adopt appropriate remedies to make markets work better for consumers. Policy on contentious issues should be based on sound economic theory and empirical analysis. The chapters that follow examine these issues. Authored by experts from Canada, Korea and the United States, they provide international comparisons of market structures with particular reference to the impacts of foreign competition on market concentration. The book also examines core competition issues, including international experiences with abuses of dominance, mergers and collusion, and vertical restraints.

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Competition Law and Economics

Developments, Policies and Enforcement Trends in the US and Korea

Edited by Jay P. Choi, Wonhyuk Lim and Sang-Hyop Lee

In this exciting new book, an international team of experts compare market structures, in both global and Korean contexts, particularly focusing on the impact of foreign competition on market concentration and ways to improve market structure. It thoroughly investigates core competition problems, including international abuses of dominance, mergers and collusion, and vertical restraints. Contributions move beyond explaining the laws and practices of enforcement agencies, offering readers an insight into the trend of an ever-increasing interdependence among national economies, complemented by analyses of recent developments in the US and Canada.
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John Karl Scholz, Hyungpyo Moon and Sang-Hyop Lee

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Edited by Donghyun Park, Sang-Hyop Lee and Andrew Mason

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Edited by Donghyun Park, Sang-Hyop Lee and Andrew Mason