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INTERNATIONALIZATION OF COMPETITION LAW AND POLICY: THE DOMESTIC PERSPECTIVE

INTERNATIONALIZATION OF COMPETITION LAW AND POLICY: THE DOMESTIC PERSPECTIVE

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Abstract: Recent decades have witnessed a marked internationalization of competition law enforcement and dialogue. Multinational, regional and bilateral efforts have contributed to the approximation of competition law regimes worldwide and to collaborative enforcement. However, notwithstanding these valuable developments, domestic social, political, industrial and market considerations still affect the scope and application of national competition laws. This article explores the meeting points between the domestic perspective of competition law enforcement and growing international collaboration and enforcement efforts. In doing so, it highlights the intrinsic national nature which is embedded in the DNA of competition law and the natural limits of international convergence and collaboration in this area.

Keywords: Competition law; international cooperation; convergence; developed and developing countries; export cartels; transfer of wealth; extraterritoriality

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