Competition Policy and International Trade Distortions

Author(s):  
Alden F. Abbott ◽  
Shanker Singham
2019 ◽  
pp. 413-440 ◽  
Author(s):  
Daniel Francis

The development of international systems for the coordination and constraint of competition law and policy offers a complex blend of rewards and costs. In this chapter, I evaluate the promises and problems of this endeavor in the realms of government procurement, antitrust, and the regulation of state-owned enterprises, and outline some options for internationalization in this area and some of their respective implications. I argue that, in a field dominated by deep conflicts of value and interest, real progress will require creativity and pluralism in the forms and tools of internationalization. I emphasize the importance of regionalism as a complement to multilateralism and bilateralism; frameworks of contingent cooperation as a complement to traditional treaties and networks; and a mixed strategy of linkage to, and separation from, international trade to ensure that jurisdictions are able to pursue their shared goals.


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