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"Preface and acknowledgements" [2013] ELECD 656; in Lewis, David (ed), "Building New Competition Law Regimes" (Edward Elgar Publishing, 2013) viii

Book Title: Building New Competition Law Regimes

Editor(s): Lewis, David

Publisher: Edward Elgar Publishing

ISBN (hard cover): 9781781953723

Section Title: Preface and acknowledgements

Number of pages: 5

Extract:

Preface and acknowledgements
If development economics has taught us anything, then it is that
institutions matter. And yet writing which examines the functioning of
particular institutions and the factors that influence the trajectory of their
development, including their success or failure, is relatively rare. In the
world of competition law there is a huge treasure trove of scholarly
literature dealing with case law and with substantive issues in com-
petition law and economics, but, albeit with significant exceptions, little
that focuses on the institutions responsible for applying the law. It is,
perhaps predictably, an area where practitioners ­ and by that I mean
largely agency officials ­ lead the rich community of antitrust scholars.
Institutions like the Organisation for Economic Co-operation and Devel-
opment (OECD) and the United Nations Conference on Trade and
Development (UNCTAD) have, for some time now, produced a growing
library of institutional peer reviews and the International Competition
Network (ICN) is deeply concerned with questions of agency effect-
iveness. The essays in this book focus on institutions. The authors are, for
the most part, either practitioners or scholars who have a particularly
strong record of engagement with agencies.
The most significant development in international competition law in
recent times is the extraordinary burgeoning of national competition
authorities. While competition statutes and their accompanying insti-
tutions were, until the 1990s, the preserve of a small number of the most
developed economies, they are now commonplace across the globe, from
Australia to Zambia and most countries in between.
This ...


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